Sandlapper Corporation, a calendar year C corporation, was formed on August 17, 2020, and opened for business on September 1, 2020. After its formation but prior to opening for business, Sandlapper incurred the following expenditures. Accounting $15,000 Advertising 25,500 Employee payroll 18,500 Rent 8,000 Utilities 3,400 Round the per-month amount to two decimal places and use the rounded amount in subsequent computations. Round the final answer to the nearest dollar. Assuming the company makes the 195 election, the maximum amount of these expenditures that Sandlapper can deduct in 2020 is $____________