Grouper Corporation commenced operations in early 2025 . The corporation incurred $46,500 of costs such as fees to underwriters, legal fees, state fees, and promotional expenditures during its formation. Prepare journal entries to record the $46,500 expenditure and 2025 amortization, if any. (Credit account titles are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter of for the amounts. List all debit entries before credit entries.)