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Unformatted text preview: $5,560 = answer D See the illustration in the text on page 177. Also see Ch 7 detailed lecture outline, V. Amortization of Intangible Assets, A. Organizational and Start-up cost, Deduction maximum of $5,000 and the rule for amortizing the excess over 180 month period. I hope this helps you. Sincerely, Dr. Anderson...
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- Summer '11