(Answered) Everest corporation a calendar year c corporation was

Accounting

Everest Corporation, a calendar year C corporation, was formed on March 7, 2015 and opened for business on July 1, 2015. After its formation but before opening for business, Everest Corporation incurred the following expenses:

Accounting		$7,150
Advertising		14,350
Employee Payroll		10,600
Rent		8,300
Utilities		1,600 ---------------
Total Expenditure		$42,000

What is the maximum amount of these expenditures will Everest Corporation be allowed to deduct in 2015?

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