In 2017, Marci Is Considering Starting a New Business Marci Started the New Business on January 5, 2018

question 6

Essay

In 2017, Marci is considering starting a new business.Marci incurs the following costs associated with this venture.
​ $$\begin{array} { l r } \text { Advertising } & \$ 5,000 \\\text { Travel } & 10,000 \\\text { Market surveys } & 8,000 \\\text { Professional services } & 30,000 \\\text { Interest expense } & 2,000 \\\text { Taxes } & 1,000\end{array}$$ Marci started the new business on January 5, 2018.Determine the deduction for Marci's startup costs for 2017.

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Definitions:

Normative Need

Refers to what is considered a standard or essential requirement in a society to ensure the well-being and functioning of its members.

Drinking Water

Water that is safe for human consumption, free from contaminants and harmful bacteria.

Water Resources

The natural sources of water available for human use, including lakes, rivers, aquifers, and rainwater, crucial for survival, agriculture, and industry.

Social Justice

Social justice is the concept of fair and just relations between the individual and society, measured by the distribution of wealth, opportunities for personal activity, and social privileges.