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Ralph Co had start up cost of $53,000 in 2023. Ralph Co started its business...

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Accounting

Ralph Co had start up cost of $53,000 in 2023. Ralph Co started its business in March 2023.
Calculate total amortization expense for 2023. Ralph Co elects to take additional first year
amortization under IRC 195. Calculate the Amortization Exp for 2024.
2023: First Year Amort

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