Stanford owns and operates two dry cleaning businesses. He travels to Boston to discuss acquiring a restaurant. Later in the month, he travels to New York to discuss acquiring a bakery. Stanford does not acquire the restaurant but does purchase the bakery on November $1,2022.$

Stanford incurred the following expenses:

Total investigation costs related to the restaurant $$45,000$

Total investigation costs related to the bakery $$51,200$

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 $2022$ for investigation expenses?