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Sigma Corp was formed on January 20, 2020 and started business on March 1, 2020. It incurred $52,000 in organizational expenses. How much can Sigma

Sigma Corp was formed on January 20, 2020 and started business on March 1, 2020. It incurred $52,000 in organizational expenses. How much can Sigma deduct in 2020?

$52,000

$5,000

$4,906

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