Beech Corporation, an accrual-basis, calendar-year taxpayer, was organized and began business in June of the current calendar tax year. During the current year, the corporation incurred the following expenses:

Line Item Description	Amount
State fees for incorporation	$ 775
Legal and accounting fees incident to organization	2,713
Expenses for the sale of stock	3,100
Organizational meeting expenses	3,294

Round per month calculation to two decimal places. Round your final answer to the nearest dollar.

Assuming that Beech Corporation wishes to deduct organizational expenses as quickly as possible, calculate the corporations deduction for its current calendar tax year.