Peter owns and operates two clothing businesses. He travels to Texas to discuss acquiring a restaurant. Later in the month, he travels to San Francisco to discuss acquiring a bakery. Peter does not acquire the restaurant but does purchase the bakery on November 1, 2018.

Peter incurred the following expenses:

Total investigation costs related to the restaurant	$33,250
Total investigation costs related to the bakery	52,300

If required, round any division to two decimal places and use in subsequent computation. Round your final answer to the nearest dollar.

What is the maximum amount Stanford can deduct in 2018 for investigation expenses?