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Tyler & Mia's Arcade had the following expenses in 202X. - $63,000 investigation and start up costs. They opened October 1st. - $1,000 contributed to

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Tyler \& Mia's Arcade had the following expenses in 202X. - $63,000 investigation and start up costs. They opened October 1st. - $1,000 contributed to the campaign for their State Representative that is known to support and favor entertainment venues - $500 penalty for late payment of payroll taxes - $750 interest for late payment of payroll taxes - $10,000 for new arcade games - $2,000 for office supplies Not including depreciation, how much can they deduct in 202X ? $3,800$7,750$1,050$52,750 None of the above

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