Ajax Computer Company Is an Accrual-Method Calendar-Year Taxpayer

Ajax Computer Company is an accrual-method calendar-year taxpayer. Ajax has never advertised in the national media prior to this year. In November of this year, however, Ajax paid $1.6 million for television advertising time during a "super" sporting event scheduled to take place in early February of next year. In addition, in November of this year the company paid $1,100,000 for a one-time advertising blitz during a professional golf tournament in April of next year. What amount of these payments, if any, can Ajax deduct this year?

A) $1.60 million
B) $1.10 million
C) $2.70 million
D) $2.70 million only if the professional golf tournament is played before April 15
E) No deduction can be claimed this year