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Nicole organized a new corporation. The corporation began business on April 1 of year 1. She made the following expenditures associated with getting the corporation
Nicole organized a new corporation. The corporation began business on April 1 of year 1. She made the following expenditures associated with getting the corporation started:(Leave no answer blank. Enter zero if applicable.)
ExpenseDateAmountAttorney fees for articles of incorporationFebruary 10$40,000March 1 - March 30 wagesMarch 306,400March 1 - March 30 rentMarch 302,800Stock issuance costsApril 125,000April 1 - May 30 wagesMay 3016,000
What is the total amount of the start-up costs and organizational expenditures for Nicole's corporation?
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