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Beech corporation an accrual basis taxpayer

28/04/2021 Client: muhammad11 Deadline: 2 Day

Beech Corporation,
an accrual basis taxpayer, was organized and began business on July 1 of the current calendar tax year. During the current year, the corporation

incurred the following expenses:

State fees for incorporation .............................................................$ 500

Legal and accounting fees incident to organization .....................1,800

Expenses for the sale of stock ........................................................ 2,100

Organizational meeting expenses .................................................... 750

Assuming that Beech Corporation
does not elect to expense but chooses to amortize organizational expenditures over 15 years, calculate the corporation's deduction for its current calendar tax year.

$ ____________

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