Last Year,Green Corporation Incurred the Following Expenditures in the Development

Last year,Green Corporation incurred the following expenditures in the development of a new plant process: During the current year,benefits from the project began being realized in March.If Green Corporation elects a 60 month deferral and amortization period,determine the amount of the deduction for the current year.

A) $50,833.
B) $55,833.
C) $56,667.
D) $61,000.
E) None of the above.