Egret Corporation, a calendar year C corporation, was formed on March 6, 2018, and opened for business on July 1, 2018. After its formation but prior to opening for business, Egret incurred the following expenditures:

Accounting .......................................$ 7,000
Advertising ........................................14,500
Employee payroll .............................11,000
Rent .....................................................8,000
Utilities ................................................1,000

What is the maximum amount of these expenditures that Egret can deduct in 2018?