Nicole organized a new corporation. The corporation began business on April 1 of year 1. She made the following expenditures associated with getting the corporation started: (Leave no answer blank. Enter zero if applicable.)

Expense	Date	Amount
Attorney fees for articles of incorporation	February 10	$	32,000
March 1 March 30 wages	March 30		4,500
March 1 March 30 rent	March 30		2,000
Stock issuance costs	April 1		20,000
April 1 May 30 wages	May 30		12,000

c. What amount can the corporation deduct as amortization expense for the organizational expenditures and for the start-up costs for year 1 [not including the amount determined in part (b)]? (Do not round intermediate calculations.)