Martha was considering starting a new business. During her preliminary investigations related to the new venture, she incurred the following expenditures.
Salaries ................................................. $22,000
Travel .................................................... 18,000
Interest on short-term note .............................. 4,000
Professional fees ........................................ 13,000
Martha begins the business on July 1 of the current year. If Martha elects § 195 treatment, determine her startup expenditure deduction for the current year?