Transfers Transfer payments.
Specialization Limiting production to fewer goods and services than consumed, perhaps those whose production entails lower opportunity cost.
Answer:
$4,522
Explanation:
As the restaurant is not acquired so the amount of $28,000 would be non-deductible
Also if the expenses is incurred so the maximum deduction allowed is in excess of $50,000 is $5,000
Now
= $51,000 - $50,000
= $1,000 reduction
And,
= $5,000 - $1,000
= $4,000 deduction
Now
= $51,000 - $4,000
= $47,000
Now
= $47,000 ÷ 180 months
= $261 × 2 months
= 522
Now total deduction is
= $4,000 + $522
= $4,522
