The Nandina Corporation was formed and began operations on July 1, 2016, and incurred the following expenses during the year: State fees for incorporation $ 800 Legal and accounting fees incident to organization 1,700 Legal fees for the issuance of stock 600 Temporary directors' fees 1,100

If the corporation chooses not to expense but rather amortizes organizational costs over 180 months, what is the amount of its amortization expense for 2016? a. $240 b. $20 c. $120 d. $3,600 e. None of these choices are correct.