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Sabin Coffee Corp. (a calendar year C-Corporation) began its business on July 1, 2020 and incurred $52,000 of organizational expenditures. Sabin Coffee wants to expense

Sabin Coffee Corp. (a calendar year C-Corporation) began its business on July 1, 2020 and incurred $52,000 of organizational expenditures. Sabin Coffee wants to expense as much of these expenditures as possible in 2020. How much can they expense in 2020?

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