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QUESTION 17 Dasha owns and operates 10 restaurants located in various cities throughout the Southeast. In 2018, she travels to Atlanta to discuss the acquisition

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QUESTION 17 Dasha owns and operates 10 restaurants located in various cities throughout the Southeast. In 2018, she travels to Atlanta to discuss the acquisition of an auto dealership. After incurring total investigation costs of 52,000, she acquires the auto dealership on October 1, 2018. How much, if any, of the $52,000 of investigation costs may Dasha deduct for calendar year 2018? a $5,000 Ob $52,000 O c. $0 Od. $3,817 QUESTION 18 Which of the following statements is correct in connection with the investigation of a business? a If the taxpayer is not already engaged in the trade or business, the expenses incurred are deductible if the project is abandoned. Expenses may be deducted immediately by a taxpayer engaged in a similar trade or business regardless of whether the business being investigated is acquired c. That business must be related to the taxpayer's present business for any expense ever to be deductible d. Regardless of whether the taxpayer is already engaged in the trade or business, the expenses must be capitalized and amortired Ob

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