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2. For each of the following, how much would be a deductible business expense under IRC sec 162? a. $ 30,000 in rent paid on

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2. For each of the following, how much would be a deductible business expense under IRC sec 162? a. $ 30,000 in rent paid on office for a self- employed person? b. $ 750,000 paid to a corporate president / shareholder. $ 400,000 is what a typical salary would be. $ 900 in political contributions to a "local Mayor. 1$ 100 in a fine for the office sprinkler system not up to local code. $ 500 in continuing education costs for a self- employed CPA. A self-employed CPA paid $ 1,400 in classes in finance to obtain a brokerage license. 3. A self-employed lawyer's payment of $ 1,200 in interest on a business vehicle used 90% for business. A lawyer employed by a law firm paid $ 1,200 in interest on an auto loan he used 90% for business

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