Egret Corporation, a calendar year C corporation, was formed on March 6, 2019, and opened for business on July 1, 2019. After its formation but prior to opening for business, Egret incurred the following expenditures:

Accounting.......................................$ 7,000
Advertising........................................14,500
Employee payroll.............................11,000
Rent......................................................8,000
Utilities.................................................1,000

What is the maximum amount of these expenditures that Egret can deduct in 2019?