Exercise $6-31($Algorithmic$)($LO$.3)$ Stanford owns and operates two dry cleaning businesses. He travels to Boston to discuss acquiring a restaurant. Later in the month, he travels to New York to discuss acquiring a bakery. Stanford does not acquire the restaurant but does purchase the bakery on November $1,2023.$ Stanford incurred the following expenses: Total investigation costs related to the restaurant $$41,750$ Total investigation costs related to the bakery $53,300$ If required, round any division to two decimal places and use in subsequent computation. Round your final answer to the nearest dollar. What is the maximum amount Stanford can deduct in $2023$ for investigation expenses?