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Martha was considering starting a new business. During her preliminary investigations, she incurred the following expenditures: Salaries $22,000 Travel 18,000 Professional fees 13,000 Interest on

Martha was considering starting a new business. During her preliminary investigations, she incurred the following expenditures:

Salaries $22,000
Travel 18,000
Professional fees 13,000
Interest on a short-term note 4,000

Martha begins the business on July 1 of the current year. If Marth elects image text in transcribed195 trearment, determine her startup expenditure deduction for the current year.

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