Martha was considering starting a new business. During her preliminary investigations related to the new venture, she incurred the following expenditures: Martha begins the business on July 1 of the current year. a. Classify for Martha the following expenditures as "Qualifies as a startup cost" or "Does not qualify as a startup cost". b. If Martha elects 195 treatment, enter the startup expenditure deduction for the current year. In your calculations, round any division to 2 decimal places. Round your final answer to the nearest dollar. Current year startup expenditure deduction equals $ X. Feedback Check My Work Taxpayers may write off the cost of certain assets that are used in a trade or business or held for the production of income. A write-off maye take the form of depreciation (or cost recovery), depletion, or amortization. Intangible assets, such as copyrights and patents, are amortized. Generally, no write-off is allowed for an asset that does not have a determinable useful life