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$13,000 section 1231 gain, $12,000 ordinary income, and $6,150 tax liability QUESTION 25 sts and $53,000 of organizati ona Fox started a new business in the current year. She incurred $25,000 of start-up co . If her business started on February 15 of the current year, what is the total expense she may deduct with respect to the start-up and organizational costs for her initial year, rounded to the nearest whole number? $7,000 $9,461 $11.339 $78,000