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B owns 10 shares of stock of Corporation B. the stock is worth $1,000. Corporation B holds its annual shareholders meeting in Los Angeles, and

B owns 10 shares of stock of Corporation B. the stock is worth $1,000. Corporation B holds its annual shareholders meeting in Los Angeles, and B takes his family to Los Angeles and he attends the shareholder meeting. Bs expenses for the trip are $7,000. Are the expenses deductible? Why or why not?

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