Cruise Corporation (a C corporation) is incorporated on February 1 and begins business on June 1. The corporation's tax year ends on December 31. Cruise incurs the following expenses during the year:

Month Type Amount

March Draft charter $32,000

April Stock commission $10,000

May Accounting fees $21,000

What is the deduction for organizational expenses if Cruise chooses to deduct its costs as soon as possible?

Select one:

a. $5,117

b. $5,000

c. $3,983

d. $2,450