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Need help with this Accounting question . It has to do with Corp. Tax. Thank u On July 1 of the current year, the R

Need help with this Accounting question . It has to do with Corp. Tax. Thank u image text in transcribed
On July 1 of the current year, the R & R Partnership (an LLLP) was formed to operate a bed-and- breakfast inn. The partnership paid $3,000 in legal fees for drafting the partnership agreement and $5,000 for accounting fees related to organizing the entity. It also paid $10,000 in syndication costs to locate and secure investments from limited partners. In addition, before opening the inn for business, the entity paid $15,500 for advertising and $36,000 in costs related to an open house just before the grand opening of the property. The partnership opened the inn for business on october 1. Enter below the amounts the partnership may deduct in its initial year of operations as organizational costs and startup costs. the nearest dollar. Note: Round any division to two decima aces and round your final answers to in its initial year of operations for the organizational costs The partnership may deduct as startup costs. and

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