E12-15 (LU5) (Accountmg tor orgamzauon tS) Angelou corporation was orgamzed in 2016 and began operations at the beginning of 2017. The company is involved in interior design consulting services. The following costs were incurred prior to the start of operations. Attorney fees in connection with organization of the company Purchase of drafting and design equipment $15,000 10,000 Costs of meetings of incorporators to discuss organizational activities 7,000 State filing fees to incorporate Instructions (a) Compute the total amount of organization costs incurred by Angelou. (b) Prepare the journal entry to record organization costs for 2017. 1,000 $33,000