(10) Ms. Client opened her first bicycle shop (Schedule C) on August 1, 2019. Here is the complete list of expenditures she made earlier during 2019 toward achieving this dream: $800,000, all-in cost of land on which to build $260,000, all-in cost of building construction $90,000, computers, furniture, display racks, signage, tools & equipment, etc. (usual bike shop PP&E) $75,000, opening day inventory $24,500, attorneys' and CPA fees $8,000, travel (trips to bicycle manufacturers' plants, bicycle trade shows, etc.), excluding meals $580, meals during that travel $450, local transportation (standard mileage rate, parking, tolls) $9,000, pre-opening employee wages (training, etc.) $7,000, advertising $1,500, insurance premiums (properly allocable to pre-opening period) $1,600, prepaid "Grand Opening Bash" expenses $800, utilities Calculate and state Ms. Client's 2019 start-up cost deduction