I need help with the bottom part for requirement A where it says Eureka Corporation can elect to deduct ___ of organizational expenditures under ___ and amortize the remainder over ___ months.

Please show work on how to calculate, please.

B. What amount of start-up costs can Eureka Corporation deduct on its first tax return?

Eureka Corporation incorporates on January 7, begins business on July 10, and elects to have its initial tax year end on December 31. Eureka incurs the following expenses between January and December related to its organization during the current year: B (Click on the icon to view list of expenses.) Read the requirements. May 30 May 30 June 1 June 5 Commissions to stockbroker for issuing and selling stock Temporary directors' fees Expense of transferring building to Eureka Accounting fees to set up corporate books Training expenses for employees Rent expense for June Rent expense for July 2,000 Reduction of capital 1,200 Organizational expense 6,000 Capitalized to the related asset 2,500 Organizational expense 7,000 Start-up expense 620 Start-up expense 620 Sec. 162 expense June 10 June 15 July 15 over Eureka Corporation can elect to deduct of organizational expenditures under Sec. 248 V and amortize the remainder months. This election is deemed automatic under Treasury Regulations. Sec. 161 Choose from any list or enter any number in the input fields and then click Check Answer. Sec. 195 Sec. 248 Sec. 291 Clear All remaining 3 parts Check Answer - X i Data Table Eureka incurs the following expenses between January and December related to Eureka Corporation incorporates its organization during the currer E: (Click on the icon to view list Read the requirements. Date Expenditure Amount $ 3,500 May 30 May 30 4,000 June 1 2,000 June 5 Commissions to st| Temporary director Expense of transfe Accounting fees to Training expenses Rent expense for Rent expense for 1,200 June 10 January 30 Travel to investigate potential business site May 15 Legal expenses to draft corporate charter May 30 Commissions to stockbroker for issuing and selling stock May 30 Temporary directors' fees June 1 Expense of transferring building to Eureka June 5 Accounting fees to set up corporate books June 10 Training expenses for employees June 15 Rent expense for June July 15 Rent expense for July 6,000 June 15 July 15 2,500 7,000 620 mortize the remainder Eureka Corporation can elect to over months. This eld 620 Print Done Choose from any list or enter a ? 3 parts Clear All Check Answer remaining Eureka Corporation incorporates on January 7, begins business on July 10, and elects to have its initial tax year end on December 31. Eureka incurs the following expenses between January and December related to its organization during the current year: B (Click on the icon to view list of expenses.) Read the requirements. May 30 May 30 June 1 June 5 Commissions to stockbroker for issuing and selling stock Temporary directors' fees Expense of transferring building to Eureka Accounting fees to set up corporate books Training expenses for employees Rent expense for June Rent expense for July 2,000 Reduction of capital 1,200 Organizational expense 6,000 Capitalized to the related asset 2,500 Organizational expense 7,000 Start-up expense 620 Start-up expense 620 Sec. 162 expense June 10 June 15 July 15 over Eureka Corporation can elect to deduct of organizational expenditures under Sec. 248 V and amortize the remainder months. This election is deemed automatic under Treasury Regulations. Sec. 161 Choose from any list or enter any number in the input fields and then click Check Answer. Sec. 195 Sec. 248 Sec. 291 Clear All remaining 3 parts Check Answer - X i Data Table Eureka incurs the following expenses between January and December related to Eureka Corporation incorporates its organization during the currer E: (Click on the icon to view list Read the requirements. Date Expenditure Amount $ 3,500 May 30 May 30 4,000 June 1 2,000 June 5 Commissions to st| Temporary director Expense of transfe Accounting fees to Training expenses Rent expense for Rent expense for 1,200 June 10 January 30 Travel to investigate potential business site May 15 Legal expenses to draft corporate charter May 30 Commissions to stockbroker for issuing and selling stock May 30 Temporary directors' fees June 1 Expense of transferring building to Eureka June 5 Accounting fees to set up corporate books June 10 Training expenses for employees June 15 Rent expense for June July 15 Rent expense for July 6,000 June 15 July 15 2,500 7,000 620 mortize the remainder Eureka Corporation can elect to over months. This eld 620 Print Done Choose from any list or enter a ? 3 parts Clear All Check Answer remaining