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Jeremy traveled to a neighboring state to investigate the purchase of two automobile dealerships. His expenses included travel, legal, accounting, and miscellaneous expenses. The total

Jeremy traveled to a neighboring state to investigate the purchase of two automobile dealerships. His expenses included travel, legal, accounting, and miscellaneous expenses. The total was $55,000. He incurred the expenses in March and April of 2019. In each of the following scenarios, what can Jeremy deduct in 2019?

In your computations, round the per-month amount to the nearest dollar. If an amount is zero, enter "0".

a.Jeremy was in the automobile dealership business and did not acquire the two automobile dealerships.

$

b.Jeremy was in the automobile dealership business. He acquired the two automobile dealerships and began operating them on August 1, 2019.

$

c.Jeremy did not acquire the two automobile dealerships and was not in the automobile dealership business.

$

d.Jeremy acquired the two automobile dealerships but was not in the automobile dealership business when he acquired them. Operations began on August 1, 2019.

$

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