Jasmine Started a New Business in the Current Year

question 53

Multiple Choice

Jasmine started a new business in the current year. She incurred $10,000 of start-up costs. How much of the start-up costs can be immediately expensed for the year?

• A) $0
• B) $2,500
• C) $5,000
• D) $10,000
• E) None of these