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please help Meghan, a calendar year taxpayer, is the owner of a sole proprietorship that uses the cash method. On February 1, 2022, she leases
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Meghan, a calendar year taxpayer, is the owner of a sole proprietorship that uses the cash method. On February 1, 2022, she leases an office building to use in her business for $145,950 for an -18-month period. To obtain this favorable lease rate, she pays the $145,950 at the inception of the lease. How much rent expense may Meghan deduct on her 2022 tax return? Round any calculations to two decimal places and round the final answer to the nearest dollar Step by Step Solution
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