Martha begins the business on july 1 of the current year if


Martha was considering starting a new business. During her preliminary investigations, she incurred the following expenditures:

Salaries                 $22,000

Travel    18,000

Professional fees             13,000

Interest on a short-term note    4,000

Martha begins the business on July 1 of the current year. If Marth elects \SS195 trearment, determine her startup expenditure deduction for the current year.

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Financial Accounting: Martha begins the business on july 1 of the current year if
Reference No:- TGS01105333

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