Required information

Problem $2-73($LO $2-4)($Algo$)$

$[$The following information applies to the questions displayed below.$]$

Nicole organized a new corporation. The corporation began business on April $1$ of year $1.$ She made the following

expenditures associated with getting the corporation started:

Note: Leave no answer blank. Enter zero if applicable.

Problem $2-73$ Part b $($Algo$)$

b$.$ What amount of the start$-$up costs and organizational expenditures may the corporation immediately expense in year $1($excluding

the portion of the expenditures that are amortized over $180$ months$)?$

Start$-$up costs expensed

Organizational expenditures expensed