The amortization election for startup expenditures allows the taxpayer to deduct the smaller of which of the following? a. The startup expenditures related to the trade or business or $5,000 b. The startup expenditures related to the trade or business or $10,000 c. The startup expenditures related to the trade or business averaged over three years or $1,000 d. Only the research and development expenditures related to the startup trade or business or $5,000 e. The startup expenditures related to the trade or business averaged over five years or $5,000