In 2016,Marci is considering starting a new business.Marci incurs the following costs associated with this venture.
Advertising
$ 5,000
Travel
10,000
Market surveys
8,000
Professional services
30,000
Interest expense
2,000
Taxes
1,000
Marci started the new business on January 5,2017.Determine the deduction for Marci's startup costs for 2016.
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