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Beech Corporation, an accrual basis taxpayer, was organized and began business on July 1, 2014. During 2014, the corporation incurred the following expenses: State fees
Beech Corporation, an accrual basis taxpayer, was organized and began business on July 1, 2014. During 2014, the corporation incurred the following expenses:
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Assuming that Beech Corporation does not elect to expense but chooses to amortize organizational expenditures over 15 years, calculate the corporation's deduction for its calendar tax year 2014. Round per month calculation to two decimal places. Round your final answer to the nearest dollar. $
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