10 Your company spent $5,000 last year on business-related meals and $2,000 on entertainment. Calculate the difference between the cash flow and the deductibility of these expenses for tax purposes. Your company is planning on spending $15,000 on food for a company Christmas party. Calculate the difference between 11 the cash flow and the deductibility of this party for tax purposes. A construction company has an estimated profit, before taxes, of $36+,452 for the year. Included in the company's costs is 14 $25,622 for meals and $7,652 for entertainment. Determine the taxable income for the company. A construction company has an estimated profit, before taxes, of $547,852 for the year. Included in the company's costs is 15 $65,258 for meals and $21,660 for entertainment. Determine the taxable income for the company