Corporation R was organized and began active business on January 4, 2015. R incurred the following expenses in connection with creating the business: Professional fees for issuance of stock $ 4,000 State incorporation fees 2,000 Printing cost for stock certificates 1,500 Brokers commissions on sale of stock 7,000 Legal fees for drafting the charter 32,000 Expense for temporary directors 10,000 Total $56,500 The maximum amount of organizational expense that may be deducted by Corporation R on its 2020 income tax return is A. $8,767 B. $48,000 C. $56,500 D. $7,600