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Question - Vin formed Mistborn, Inc. and incurred the following items:
Legal Fees to Incorporate $45,000
Pre-opening advertising $4000
Initial State filing fee $6000
If business began on 7/25/20, what is Mistborn's Year 1 deduction for the above?
a. $9567
b. $1833
c. $6667
d. None of these
e. $9436
issued preferred stock for the first time 400 shares 6percent cumulative par 100 sold for 130 per share 100000 shares
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