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QUESTION 1 1. Name 2 advantages to being able to deduct an expense of 55.000 from gross income to ter comes to being able to treate expense as an itemized deduction Briefly describe the advantages, don't just name them Arial 3 (12) Path:p QUESTION 2 1. Jerry opened an art gallery. He bought $300,000 worth of art for the gallery. He is looking at security systems to install at the gallery. One system that most other local galleries use costs $50,000. However, there is a system that many museums use that costs $2 million. What tax consideration should jerry consider in deciding which system to acquire for his gallery? Sweets Save and Submit to save and submit. Click Save All Answers to save all answers. MacBook Pro 8 5 TION 1 1. Name 2 advantages to being able to deduct an expense of $5.000 from gross income to arrive at adjusted gros income as opposed to being able to treat the expense as an itemized deduction. Briefly describe the advantages, don't just name them . Arial 3 3 (12) T- E- Path:p Want QUESTION 2 1. Jerry opened an art gallery. He bought $300,000 worth of art for the gallery. He is looking at security systems to Install at the gallery. One system that most other local galleries use costs $50,000. However, there is a system that many museums use that costs $2 million. What tax considerations should jerry consider in deciding which system to acquire for his gallery? Save ve and submit to save and submit. Click Save All Answers to save all ansters, MacBook Pro