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Which of the following expenses can be deducted and amortized as a business start-up cost?...

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Accounting

Which of the following expenses can be deducted and amortized as a business start-up cost?

1. Cost of negotiating a purchase agreement for an identified business.

2. Cost of running an advertisement for the grand opening of the business.

3. Deductible mortgage interest.

4. Training wages paid to new employees who were hired after the business begins operating.

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