Emerald Corporation, a calendar year C corporation, was formed and began operations on July 1, 2010. The following expenses were incurred during the first tax year (July 1 through Dec. 31, 2010) of operations:

Expenses of temporary directors and of organizational meetings: $9000
Fee paid to the state of incorporation: $1000
Accounting services incident to organization: $2500
Legal services for drafting the corporation charter and bylaws: $3500
Exps. incident to the printing and sale of stock certificates: $4000

Assuming a *248 election(tax code) what is the Emerald's deduction for organizational expenditures for 2010?

a. $0
b. $10,333
c. $5,367
d. $10,200
e. none of the above.