In 2014,Marci Is Considering Starting a New Business Marci Started the New Business on January 5,2015

Essay

In 2014,Marci is considering starting a new business.Marci had the following costs associated with this venture:
$\begin{array}{lr}\text { Advertising } & \$ 5,000 \\\text { Travel } & 10,000 \\\text { Market surveys } & 8,000 \\\text { Professional services } & 30,000 \\\text { Interest expense } & 2,000 \\\text { Taxes } & 1,000\end{array}$ Marci started the new business on January 5,2015.Determine the deduction for Marci's startup costs for 2014.