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Marlo formed a new business this year. The business opened on June 1. Determine the amount of start-up costs Marlo can immediately expense (not including
Marlo formed a new business this year. The business opened on June 1. Determine the amount of start-up costs Marlo can immediately expense (not including the portion of the expenditures that are amortized over 180 months) this year in the following alternative scenarios.
a. She incurred start-up costs of $43,250.
b. She incurred start-up costs of $52,450.
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