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.
$ ____________