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Exercise 2 0 - 2 6 ( Algorithmic ) ( LO . 4 ) Ming Corporation ( a calendar year taxpayer ) was formed on

Exercise 20-26(Algorithmic)(LO.4)
Ming Corporation (a calendar year taxpayer) was formed on April 1,2022. Calculate the maximum deduction for organizational expenses for 2022 if these costs were:
Round the per month amount to nearest whole dollar and use in subsequent computations.
Organizational
Expenses Maximum deduction
a. $1,600 $fill in the blank 1
1,602
b. $26,700 $fill in the blank 2
6,085
c. $53,400 $fill in the blank 3
3,620
d. $63,400 $fill in the blank 4
3,170

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