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27. [LO 6.4] Jim, a self-employed individual, takes an important customer to the hockey playoffs. Although the face value of a ticket is only $100,

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27. [LO 6.4] Jim, a self-employed individual, takes an important customer to the hockey playoffs. Although the face value of a ticket is only $100, he pays a scalper $400 for each ticket. While at the game, Jim spends $70 for their food and beverages. How much can Jim deduct for these expenses

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