Question: please show work! thank you Exercise 12-8 (Algorithmic) (LO. 7) Cherry Corporation, a calendar year C corporation, is formed and begins business on 4/1/2019. In

please show work! thank you please show work! thank you Exercise 12-8 (Algorithmic) (LO. 7) Cherry Corporation,

Exercise 12-8 (Algorithmic) (LO. 7) Cherry Corporation, a calendar year C corporation, is formed and begins business on 4/1/2019. In connection with its formation, Cherry incurs organizational expenditures of $54,300. Round the per month amount to two decimal places. Round your final answer to the nearest dollar. Determine Cherry Corporation's deduction for organizational expenditures for 2019. $

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