Sandstorm Corporation decides to develop a new line of paints. The project begins in 2016. Sandstorm incurs the following expenses in 2016 in connection with the project:

Salaries................................................... $85,000
Materials................................................ $30,000
Depreciation on equipment................ $12,500

The benefits from the project will be realized starting in July 2017. If Sandstorm Corporation chooses to defer and amortize its research and experimental expenditures over a period of 60 months, what are its related deductions in 2016 and 2017?