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 December 31, 2010) of operations:

Expenses of temporary directors and of organizational meetings

$9,000

Fee paid to the state of incorporation

$1,000

Accounting services incident to organization

$2,500

Legal services for drafting the corporate charter and bylaws

$3,500

Expenses incident to the printing and sale of stock certificates

$4,000

Assuming a 248 election, what is the Emerald's deduction for organizational expenditures for 2010?