Emerald Corporation,a Calendar Year C Corporation,was Formed and Began Operations

Multiple Choice

Emerald Corporation,a calendar year C corporation,was formed and began operations on April 1,2017.The following expenses were incurred during the first tax year (April 1 through December 31,2017) of operations.
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Assuming a § 248 election,what is the Emerald's deduction for organizational expenditures for 2017?

A) $0
B) $4,550
C) $5,000
D) $7,400
E) None of the above