12. Khalifa owns a trucking business. During the current year he incurred the following: mo ar sua Gasoline and oil $ 110,000 nos 12092 20 no Maintenance $ 32,000 Fines for speeding $ 1,750 sto Bribes to government inspection officials $ 10,500 The fines for speeding were a necessary cost because missing deadlines would cause lost business and are ordinary in the industry. What is the total amount of deductible expenses? A) $110,000 B) $101,750 C) $142.000 D) $154,250 000