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Ralph Co had start up cost of $53,000 in 2023. Ralph Co started its business in March 2023. Calculate total amortization expense for 2023. Ralph
Ralph Co had start up cost of $53,000 in 2023. Ralph Co started its business in March 2023. | |||||||
Calculate total amortization expense for 2023. Ralph Co elects to take additional first year | |||||||
amortization under IRC 195. Calculate the Amortization Exp for 2024. | |||||||
2023: | First Year Amort |
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