you have completed so far. It does not indicate com Retur Required information (The following information applies to the questions displayed below.) Nicole organized a new corporation. The corporation began business on April 1 of year 1. She made the following expenditures associated with getting the corporation started: (Leave no answer blank. Enter zero if applicable.) Expense Attorney fees for articles of incorporation March 1-March 30 wages March 1-March 3e rent Stock issuance costs April 1-May 30 wages Date February 10 March 30 March 30 April 1 May 30 Amount $ 32, eee 4,500 2,000 20,000 12,eee b. What amount of the start-up costs and organizational expenditures may the corporation immediately expense in year 1 (excluding the portion of the expenditures that are amortized over 180 months)? Start-up costs expensed Organizational expenditures expensed Check my March 1-March 3e wages March 1-March 30 rent Stock issuance costs April 1-May 30 wages March 30 March 30 April 1 May 30 4,500 2,000 20,000 12,eee c. What amount can the corporation deduct as amortization expense for the organizational expenditures and for the start-up costs for year 1 (not including the amount determined in part (b)]? (Do not round intermediate calculations.) Start-up costs amortized Organizational expenditures amortized . What would be the total allowable organizational expenditures if Nicole started a sole proprietorship instead of a corporation? Allowable organizational expenditure