Question: This year's professional fee expenses on the income statement include: $16,775 in legal fees paid to a lawyer to draft a new loan agreement with

This year's professional fee expenses on the income statement include: $16,775 in legal fees paid to a lawyer to draft a new loan agreement with an investor and $13,614 in accounting fees paid to defend the company against an audit being carried out by the Canada Revenue Agency. What is the overall net addition or deduction from NIFTP in the current year as a result of the above information? Indicate a net addition to NIFTP as positive. Indicate a net deduction to NIFTP as negative. Do not use $ signs in your final answer. Round your final answer to the nearest dollar. Do not round intermediary.

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