Beech Corporation, an accrual basis calendar year taxpayer, was organized and began business in August 1st of the current calendar year. During the current year, the corporation incurred the following expenses: Assuming that Beech Grove Corporation does not elect to expense but chooses to amortize organizational expenditures over 15 years, calculate the corporation's deduction for its current calendar tax year.

AssignmentsessionLocator=&inprogress=false en... S Search results for... art class Qec eBook Calculator Problem 11-6 (Algorithmic) Special Deductions and Limitations (LO 11.3) Beech Corporation, an accrual basis calendar year taxpayer, was organized and began business on August 1st of the current the following expenses: State fees for incorporation $ 865 Legal and accounting fees incident to organization 3.028 Expenses for the sale of stock 3,460 Organizational meeting expenses 1.298 Assuming that Beech Corporation does not elect to expense but chooses to amortize organizational expenditures over 15 years year. Round per month calculation to two decimal places. Round your final answer to the nearest dollar