Beech Corporation, an accrual-basis, calendar-year taxpayer, was organized and began business in June of the current...

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Beech Corporation, an accrual-basis, calendar-year taxpayer, was organized and began business in June of the current calendar tax year. During the current year, the corporation incurred the following expenses: State fees for incorporation $ 865 Legal and accounting fees incident to organization 3,028 Expenses for the sale of stock Organizational meeting expenses 3,460 3,676 Round per month calculation to two decimal places. Round your final answer to the nearest dollar. Assuming that Beech Corporation wishes to deduct organizational expenses as quickly as possible, calculate the corporation's deduction for its current calendar tax year. Beech Corporation, an accrual-basis, calendar-year taxpayer, was organized and began business in June of the current calendar tax year. During the current year, the corporation incurred the following expenses: State fees for incorporation $ 865 Legal and accounting fees incident to organization 3,028 Expenses for the sale of stock Organizational meeting expenses 3,460 3,676 Round per month calculation to two decimal places. Round your final answer to the nearest dollar. Assuming that Beech Corporation wishes to deduct organizational expenses as quickly as possible, calculate the corporation's deduction for its current calendar tax year.