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Required information [The following information applies to the questions displayed below.] Juliette formed a new business to sell sporting goods this year. The business

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Required information [The following information applies to the questions displayed below.] Juliette formed a new business to sell sporting goods this year. The business opened its doors to customers on June 1. Determine the amount of start-up costs Juliette can immediately expense (not including the portion of the expenditures that are amortized over 180 months) this year in the following alternative scenarios: Note: Leave no answer blank. Enter zero if applicable. a. She incurred start-up costs of $2,800. Amount of start-up costs immediately expensed Required information [The following information applies to the questions displayed below.] Juliette formed a new business to sell sporting goods this year. The business opened its doors to customers on June 1. Determine the amount of start-up costs Juliette can immediately expense (not including the portion of the expenditures that are amortized over 180 months) this year in the following alternative scenarios: Note: Leave no answer blank. Enter zero if applicable. b. She incurred start-up costs of $41,750. Amount of start-up costs immediately expensed ! Required information [The following information applies to the questions displayed below.] Juliette formed a new business to sell sporting goods this year. The business opened its doors to customers on June 1. Determine the amount of start-up costs Juliette can immediately expense (not including the portion of the expenditures that are amortized over 180 months) this year in the following alternative scenarios: Note: Leave no answer blank. Enter zero if applicable. c. She incurred start-up costs of $51,550. Amount of start-up costs immediately expensed ! Required information [The following information applies to the questions displayed below.] Juliette formed a new business to sell sporting goods this year. The business opened its doors to customers on June 1. Determine the amount of start-up costs Juliette can immediately expense (not including the portion of the expenditures that are amortized over 180 months) this year in the following alternative scenarios: Note: Leave no answer blank. Enter zero if applicable. d. She incurred start-up costs of $62,000. * Answer is complete but not entirely correct. Amount of start-up costs immediately expensed $ 62,000 ! Required information [The following information applies to the questions displayed below.] Juliette formed a new business to sell sporting goods this year. The business opened its doors to customers on June 1. Determine the amount of start-up costs Juliette can immediately expense (not including the portion of the expenditures that are amortized over 180 months) this year in the following alternative scenarios: Note: Leave no answer blank. Enter zero if applicable. e. How would you answer parts (a) through (d) if she formed a partnership or a corporation and she incurred the same amount of organizational expenditures rather than start-up costs (how much of the organizational expenditures would be immediately deductible)? Costs Incurred Amount $ 2,800 $ 41,750 $ 51,550 $ 62,000

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