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I've tried several different attempts with extending 50,000 and 5k from startup expenses but no answer was correct. Exercise 145 [Algorithmic] (LO. 3] Candlewood LLC

I've tried several different attempts with extending 50,000 and 5k from startup expenses but no answer was correct.

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Exercise 145 [Algorithmic] (LO. 3] Candlewood LLC began its business on August 1, 2020; and it uses a calendar tax and an accounting vear. Candlewood incurred $?,100 in legal fees for drafting the LLC's operating agreement and $3,550 in accounting fees for tax advice of an organizational nature, for a total of $10,550 of organizational costs. Candlewcod also incurred $23,200 of preopening advertising expenses and $25,400 of salaries and training costs for new emplovees before opening for business, for a total of $53,500 of startup costs. The LLC desires to take the largest deduction available for these costs. If required, round any division to six decimal places and use in subsequent computations. Round your final answers to the nearest dollar. Compute Candlewood's deductions for the first 1,urear of its operations for

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