Puloso Company,a calendar year taxpayer,incurred the following start-up expenditures before the opening of its new health and fitness center.
The Puloso Center opened its doors for business on March 21 of the current year.How much of the start-up expenditures can Puloso deduct this year?
A) -0-
B) $5,000
C) $5,520
D) $14,360
Correct Answer:
Verified
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