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the answer is stated in bold. could you please explain the answer please? 9. Organizational costs of $40,000 were paid to form Wee Corporation. How

the answer is stated in bold. could you please explain the answer please?

9. Organizational costs of $40,000 were paid to form Wee Corporation. How much would be deductible in 2020 assuming the corporation was formed and started operations on January 1, 2020? $5,000 + S35,000/15 = $7,333

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