In May of the current year 2020, Aleksander began investigating the possibility of opening an law firm. From May through July he spent $1,200 on a market survey, $3,600 in consulting fees to find the best location and $2,000 in professional fees setting up an accounting and inventory system. Although he had never run his own business before, on August 1 he opened his doors for business. What is the maximum amount of deduction for the current year attributable to these expenditures? A) $0 B) $5,050 C) $5,080 D) $6,800