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Question 3 of 15. A sole proprietorship that began business on May 1, 2020, incurred...

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Question 3 of 15. A sole proprietorship that began business on May 1, 2020, incurred $7,500 of startup expenses. If the business elects to report the maximum amount of startup costs as a current expense, what is the amortization amount reported as an "other expense" on Schedule C? SO $111 $167 $333 0 000

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