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What is the total amount of the start-up costs

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Question - Nicole organized a new corporation. The corporation began business on April 1 of year 1. She made the following expenditures associated with getting the corporation started: (Leave no answer blank. Enter zero if applicable.)

Expense Date Amount Attorney fees for articles of incorporation

February 10 $40,000

March 1 -

March 30 wages

March 30 6,400

March 1 - March 30 rent

March 30 2,800 Stock issuance costs

April 1 25,000 April 1 - May 30 wages May 30 16,000

Required - What is the total amount of the start-up costs and organizational expenditures for Nicole's corporation?

Reference no: EM132639795

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