5. Which of the following ng expenditures is most likely to be deductible for a law firm? a. A fine for a disrupting a court proceeding b. A tax underpayment penalty C. An arm's length payment to a related party for serving papers for clients d. A payment to a foreign official to expedite an application for citizenship e. An "under the table" payment to a government representative to obtain a specific judge for a trial hearing 6. The Amazing Zinn operates a sole proprietorship as a magician, and this year he incurred the following expenses in his magician shows. What is the total deductible amount of these expenditures? $500 dinner with a film producer where no business was discussed $150 lunch with his lovely assistant Bambi where no business was discussed $200 business dinner with a client but Zinn did not keep any records $300 tickets to the Cirque du Soleil with a client following a business meeting a. $150 b. $250 C. $300 d. $450 e. $500 7. During 2017, Lori (age 12) received $3,200 from a corporate bond. She also received $700 from a savings account established for her by her parents. Lori's parents are in the 35% tax bracket. Lori lives with her parents and she is their dependent. What is the amount that will be taxed at Lori's parent's tax rate? a. $0 b. $1,800 c. $3,800 d. $3,200 e. $2,800