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Barry made the following gifts during the year: To Wallace, a key client ($4 of the amount listed was for gift wrapping): $47 To Kevin,

Barry made the following gifts during the year: To Wallace, a key client ($4 of the amount listed was for gift wrapping): $47 To Kevin, Barry's secretary, on Kevin's birthday: $39 To Bethany, Barry's boss, at Christmas: $35 Presuming proper substantiation, Barry's deduction is: $50 $54 $75 $121 None of the above I think it is none of the above. Am I correct?

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