1. Windsor Corporation is being organized in 2013 and will begin operations at the beginning of 2014. Prior to the start of operations, the following costs have been incurred in 2013:
Attorneys' fees for assistance in obtaining corporate
charter and drafting related documents
|
$ 33,000
|
Meetings of incorporators
|
14,000
|
Improvements to leased office space prior to occupancy
|
48,000
|
Fees to promoters to help locate buyers for Windsor's
|
21,000
|
common stock
|
$116,000
|
Based on the above data, what amounts should be charged to the Organization Expense account in 2013?