In the current year the Taylor Partnership, a calendar-year partnership, was organized and began a new business. It had the following expenditures in the current year: $10,000 Accounting fees for preparations of offering materials $20,000 Printing costs of the brochures used in selling the partnership interests $15,000 Legal fees for drafting the partnership agreement $38,000 Local and state filing fees $25,000 Pre-opening wages paid to employees being trained and their instructors $20,000 Pre-opening travel and other expenses incurred to line up prospective customers $6,000 Expenditures to get property (for store site) appraised during purchase. How much deduction and amortization will it be able to take in the current year, if it is ready for and begins business in October?