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Arlo manages Alice's Restaurant. It paid the following expenses last year. 7,000 To purchase inventory 2,000 For Salaries and wages 500For Advertising 100Fine for illegal
Arlo manages Alice's Restaurant. It paid the following expenses last year.
7,000 To purchase inventory
2,000 For Salaries and wages
500For Advertising
100Fine for illegal dumping of garbage on thanksgiving
200 Contributions to theOfficer Odie Re-election Campaign Fund
There were no changes in the amount of inventory from beginning to end of year.
What is the amount of (Section 162)business expensethat Alice's Restaurant can deduct?
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