2. A sole proprietor who uses his or her home as a place of business is allowed to deduct the expenses of that part of the home used for business, provided that the business part of the home is used ____________ and ____________ as the principal place of business.

3. The ____________ method of accounting acts on the right to receive revenue.

4.

A sole proprietor attends a sporting event with two of her clients. Each ticket costs $110. If the sole proprietor pays $330 for all three tickets, the amount that she can deduct is:

		$50.
		$110.
		$165.
		$220.
		$330.