Iris Inc. (calendar year business) formed on April 1, 2021 and began operations on June 30, 2021. Iris incurred $25,000 in legal and accounting fees during the month of April. During the months of May and June, Iris incurred $50,000 in employee expenses and other costs associated with starting up the business. If Iris Inc. properly elects to deduct and amortize the organization and start-up costs in a timely manner, how much of these costs are deducted on the 2021 tax return?