Yev wants to open a restaurant, having never previously been in the restaurant business before. He incurs $54,000 of start-up costs associated with opening his business. The business begins operations on November 1, 2023. How much of the total start-up costs can Yev immediately expense (i.e., not including amortization) in 2023

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In the United States startup costs are typically categorized as capital expen... View the full answer