Hawkeye Corporation starts business on April 2, 2023. The corporation reports startup expenditures of $64,000 all incurred in the prior year. Determine the total amount that Hawkeye Corporation can elect to deduct in 2023. O a. $0 O b. $3,200 O c. $4,267 O d. $7,950
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![Hawkeye Corporation starts business on April 2, 2023. The corporation reports startup expenditures of $64,000 all incurred in the prior year. Determine the total amount
that Hawkeye Corporation can elect to deduct in 2023.
O a. $0
O b. $3,200
O c. $4,267
O d. $7,950](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0ce8f647-046a-41e1-bcc0-b5102ca53656%2Fc2481a68-5aa6-46a3-bf1f-7d554e0821bf%2Ft3yfzha_processed.jpeg&w=3840&q=75)
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