Problem 20-42 (LO. 4) Puffin Corporation was formed on July 1 of the current tax year and incurred qualifying organizational expenditures. It uses a calendar tax year and wants to accelerate any deductions that are available. What is Puffin Corporation's deduction for the current tax year if its organizational expenditures are the following? Do not round any division. Round your final answers to the nearest dollar. Organizational Expenditures Deduction a. $3,000 270 b. $46,000 4,140 X c. $52,000 4,680 X d. $77.000 6,930 X S