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Jasmine started a new business in the current year. She incurred $16,000 of start-up costs. How much of the start-up costs can be immediately expensed

Jasmine started a new business in the current year. She incurred $16,000 of start-up costs. How much of the start-up costs can be immediately expensed (excluding amounts amortized over 180 months) for the year?

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