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QUESTION 11 In 2019, Vera spends $25,000 on start-up costs to decide whether to start a new business, and another $20,000 in 2020. She finally

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QUESTION 11 In 2019, Vera spends $25,000 on start-up costs to decide whether to start a new business, and another $20,000 in 2020. She finally decides to start the business and it opens for customers on August 1, 2020. How much of her costs will she deduct in 2 021. (Note: I am asking what her deduction will be for 2021, not 2020.) $2,667. $3,000. $4,100. $4,500 QUESTION 12 After spending $54,000 on start-up costs, he opens his new business on November 1, 2020. How much of his costs can he deduct in 2020? $589. $1,589. $600. e $1,600

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