Eli Corp., a calendar-year taxpayer, was organized and actively began operations on June 1, 2021 and incurred the following costs:

Legal fees to obtain corporate charter $50,000

Accounting fees to set up the books 2,000

Commission paid to underwriter 5,000

Eli Corp. wishes to amortize its organizational costs over the shortest period allowed for tax purposes. In 2021, what amount should Eli Corp. deduct for the organization expenses?