Cherry Corporation, a calendar year corporation, is formed and begins business on April 1, 2019....
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Accounting
Cherry Corporation, a calendar year corporation, is formed and begins business on April 1, 2019. In connection with its formation, Cherry Incurs organizational expenditures of $54,000. Round the per month amount to two decimal places. Round your final answer to the nearest dollar. Determine Cherry Corporation's deduction for organizational expenditures for 2019
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