Cherry Corporation, a calendar year C corporation, is formed and begins business on 2/1/2022. In connection with its formation, Cherry incurs organizational expenditures of $52,100.

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. $fill in the blank 1

Cherry Corporation, a calendar year C corporation, is formed and begins business on 2/1/2022. In connection with its formation, Cherry incurs organizational expenditures of $52,100.

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. $?