Katsura Corporation incurred pre-operating costs: Investigatory expenses of $18,000 New...

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Accounting

Katsura Corporation incurred pre-operating costs:
Investigatory expenses of $18,000
New employee training $25,000
Advertising $10,000
Land and building for use as a retail store when opened $150,000
Round your answer to 2 decimal places.
Katsura wishes to maximize its deduction for start-up costs. Assuming they open for business on February 27th of the current year, what is the deduction for start-up costs?

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