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Exerdise 14-5 (Algorithmie) (LO, 3) Condiewood LtC began its business on March 1, 2022; and it uses a colendar tax ond an accounting vear. Cand

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Exerdise 14-5 (Algorithmie) (LO, 3) Condiewood LtC began its business on March 1, 2022; and it uses a colendar tax ond an accounting vear. Cand $20,700 of organizationat costs. Candlewood also incurred $22,000 of preopening advertising expenses and $31,000 of saiarins and training costs for new employees before opening for business, for a total of $53,000 of startup costs. The Lic desires to take the iaryet dediction avaitabie 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. Compute Candlewood's deductions for the first year of its operations for: 9. Organizotional expenditures: $ x Startup expenses: x

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