LO.3 Determine whether the following expenditures by Cuckoo Corporation are organizational expenditures, startup expenditures, or neither.

a. Legal expenses incurred for drafting the corporate charter and bylaws.

b. Expenses incurred in printing stock certificates.

c. Expenses of temporary board of directors’ organizational meetings.

d. Employee salaries incurred during the training period before opening for business.

e. State incorporation fee.