Required information Problem 10-72 (LO 10-4) (Algo) [The following information applies to the questions displayed...
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Required information Problem 10-72 (LO 10-4) (Algo) [The following information applies to the questions displayed below.] Juliette formed a new business to sell sporting goods this year. The business opened its doors to customers on June 1 Determine the amount of start-up costs Jullette can immediately expense (not including the portion of the expenditures that are amortized over 180 months) this year in the following alternative scenarios: Note: Leave no answer blank. Enter zero if applicable. Problem 10-72 Part a (Algo) a. She incurred start-up costs of $3,500. Required information Problem 10-72 (LO 10-4) (Algo) [The following information applies to the questions displayed below] Juliette formed a new business to sell sporting goods this year. The business opened its doors to customers on June 1. Determine the amount of start-up costs Juliette can immediately expense (not including the portion of the expenditures that are amortized over 180 months) this year in the following alternative scenarios: Note: Leave no answer blank. Enter zero if applicable. Problem 10-72 Part b (Algo) b. She incurred start-up costs of $43,500. Required information Problem 10-72 (LO 10-4) (Algo) [The following information applies to the questions displayed below] Juliette formed a new business to sell sporting goods this year. The business opened its doors to customers on June 1. Determine the amount of start-up costs Juliette can immediately expense (not including the portion of the expenditures that are amortized over 180 months) this year in the following alternative scenarios: Note: Leave no answer blank. Enter zero if applicable. Problem 10-72 Part c (Algo) c. She incurred start-up costs of $52,600. Required information Problem 10-72 (LO 10-4) (Algo) [The following information applies to the questions displayed below.] Juliette formed a new business to sell sporting goods this year. The business opened its doors to customers on June 1. Determine the amount of start-up costs Juliette can immediately expense (not including the portion of the expenditures that are amortized over 180 months) this year in the following alternative scenarios: Note: Leave no answer blank. Enter zero if applicable. Problem 10-72 Part d (Algo) d. She incurred start-up costs of $63,750. Required information Problem 10-72 (LO 10-4) (Algo) [The following information applies to the questions displayed below] Juliette formed a new business to sell sporting goods this year. The business opened its doors to customers on June 1. Determine the amount of start-up costs Jullette can immediately expense (not including the portion of the expenditures that are amortized over 180 months) this year in the following alternative scenarios: Note: Leave no answer blank. Enter zero if applicable. Problem 10-72 Part e (Algo) e. How would you answer parts (a) through (d) if she formed a partnership or a corporation and she incurred the same amount of organizational expenditures rather than start-up costs (how much of the organizational expenditures would be immediately deductible)





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