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Cherry Corporation, a calendar year C corporation, is formed and begins business on 2 / 1 / 2 0 2 1 . In connection with

Cherry Corporation, a calendar year C corporation, is formed and begins business on 2/1/2021. In connection with its formation, Cherry incurs organizational expenditures of $52,500.
Round the per month amount to two decimal places. Round your final answer to the nearest dollar.
Determine Cherry Corporation's deduction for organizational expenditures for the current year.
$______________.

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