Exercise 12-15 Monty Corporation was organized in 2016 and began operations at the beginning of 2017. The company is involved in interior dezign consulbing services. The following costs were incurred prior to the start of operations Attorney's fecs in connection with organization of the company Purchase of drafting and design equipment Costs of meetings of incorporators to discus organizational $16,000 11,000 5.900 1.900 $34,900 State filing fees to incorporate Compute the total amount of organization costs incurred by Monty Total organization costs prepara the ournal ntry to racord organization costs or 2017. Credit account tit es are automatically indented when amount is entered Do not indent manually. If no entry is required se oct No Ent for the accou nt titles and enter o for the amounts.) Account Titles and Explanation Debit Credit Question Attempts: 0 of 7 used