Katsura Corporation incurred pre-operating costs:

• Investigatory expenses of $17,000
• New employee training $25,000
• Advertising $10,000
• Land and building for use as a retail store when opened $150,000

Round your answer to 2 decimal places.

Katsura wishes to maximize its deduction for start-up costs. Assuming they open for business on February 27th of the current year, what is the deduction for start-up costs?