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Question 37 Reba started a new business in the current year. She incurred $52,500 of start-up costs and $61,000 of organizational expenditures. If her business
Question 37 Reba started a new business in the current year. She incurred $52,500 of start-up costs and $61,000 of organizational expenditures. If her business started on August 21 of the current year, what is the total deduction she will recognize with respect to the start-up costs and organizational costs this year? $2,500 $3,889 $3,153 None of the choices are correct. $5,583
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