Question - Beatty incorporated had the following start up costs
Attorneys fees 15,000
underwriters fees.......18,000
State Incorporation fee 9.000
Total 43,000
If the company plans to amortize these costs under gaap what amount of start up costs should be amortized in 2017, assuming Beatty inc. began operation in 2016
a. 2100
b. 4200
c. 1050
d. 0