LO.3 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 Advertising Employee payroll $ 7,000 14,500 11,000 8,000 1,000 Rent Utilities What is the maximum amount of these expenditures that Egret can deduct in 2018?