Multiple Choice
Kim owns and operates a restaurant on the north side of Indianapolis. She is considering opening a day care center on the south side of town and incurs $10,400 of investigation expenses. In July of the current year, Kim opens the day care center. How much of the investigation expenses can Kim deduct in the current year?
A) $- 0 -
B) $5,000
C) $1,540
D) $5,180
E) $10,400
Correct Answer:
Verified
Correct Answer:
Verified
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