While she was a college student,Juliet worked in a bookstore located near campus.She thinks a bookstore located on the other side of campus would be successful.She incurs expenses of $41,000 (accounting fees,marketing survey,etc.)in exploring its business potential.Her parents have agreed to loan her the money required to start the business.What amount of these investigation costs can Juliet deduct if:
Definitions:
Probability Assignment
The process of attributing a numerical likelihood to the occurrence of an event.
Legitimate
Conforming to the law or to rules; authentic or genuine.
Secret Sales
Sales events or promotions that are not publicly advertised, often offered exclusively to certain customers or members.
Probability Assignment
The process of assigning a likelihood to a set of outcomes in an experiment or event.
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