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Cherry Corporation, a calendar year C corporation, is formed and begins business on 10/1/2020. In connection with its formation, Cherry incurs organizational expenditures of $51,800.

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Cherry Corporation, a calendar year C corporation, is formed and begins business on 10/1/2020. In connection with its formation, Cherry incurs organizational expenditures of $51,800. 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 2020. $

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