JG Pty Ltd Incurred $400,000 in Feasibility Studies on 1

JG Pty Ltd incurred $400,000 in feasibility studies on 1 April 2020 and soon after (in May 2020) proceeded to start its manufacturing business. What amount can JG Pty Ltd claim as a deduction for the cost of the feasibility studies in its 2020 tax return?

A) $80,000
B) $50,000
C) $20,000
D) $0