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Patin Corporation began business on September 23rd of the current year. It incurred the following costs prior to opening to customers: $26,560 employee training, $5,000
Patin Corporation began business on September 23rd of the current year. It incurred the following costs prior to opening to customers: $26,560 employee training, $5,000 supplies, $41,457 legal, and $10,000 accounting. How much may be deducted in the first year (the current year)? (Round final answer to the nearest whole dollar.)
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