Exercise 10-19 (Algorithmic) (LO,4) Candlewood LLC started business on December 1 , and it adopted a calendar tax year. During the year, Candiewood incurred $9,700 in legal fees for drafting the LLC's operating agreement and $4,850 in accounting fees for tax advice of an organizational nature, for a total of $14,550 of organizational costs. Candlewood also incurred $17,000 of preopening advertising expenses and $34,800 of salaries and training costs for new employees before opening for business, for a total of $51,800 of startup costs. The LLC wants to take the largest deduction avallable for these costs. If required, round any division to six decimal places and use in subsequent computations. Round your final answers to the nearest dollar. How much can Candlewood deduct as organizotional expenses? As startup expenses? The LLC may deduct as organizational expenses and $ as startup expenses