Toby,owner of a Cupcake Shop in New York,had Been Considering

question 39

Multiple Choice

Toby,owner of a cupcake shop in New York,had been considering opening a similar business (i.e.,a cupcake shop) in Phoenix.After spending $6,800 investigating such possibilities in Phoenix,Toby decided against opening the store on July 1.What is the maximum amount of deduction for the current year attributable to these expenditures?

• A)$0
• B)$5,000
• C)$5,600
• D)$6,800

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Definitions:

Java.util.Locale

A class in Java that represents a specific geographical, political, or cultural region for tailoring information presentation.

Currency Formatting

Currency formatting involves the display of numerical data as money, adhering to the local or specified currency conventions, including the appropriate currency symbol and decimal placement.

Java.util

A package in Java that contains collections frameworks, legacy collection classes, event model, date and time facilities, and various utility classes.

Printf Method

A method in programming, often seen in languages like C and Java, used for formatted output to console or a file.