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11. During 2019, a corporation pays $140,000 for a lavish wedding reception for the grand daughter of its president, who happens to be one of
11. During 2019, a corporation pays $140,000 for a lavish wedding reception for the grand daughter of its president, who happens to be one of the corporation's stockholders. Assume that the average cost for wedding receptions range from $30,000 to $50,000. What deduction amount may the corporation claim for the cost of the reception. A. $140,000 30,000 40,000 50,000 None of the above B. C. D. E
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