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Busy Company incurred the following meal expenses in 2022: View the expenses. What is the total deductible meal expense? Question content area bottom Part 1
Busy Company incurred the following meal expenses in 2022: View the expenses. What is the total deductible meal expense? Question content area bottom Part 1 A.$ 13,300 B.$ 11,850 C.$ 13,900 D.$ 11,100
Meals with Clients: | ||
Cost of clients' and employees' meals | $10,000 | |
---|---|---|
Gratuities (tips) | 1,500 | |
Meals with Clients Total | $11,500 | |
Company Christmas Party | 4,100 | |
Management Dinner Meetings | 1,800 | |
Picnic (Management only) | 1,200 | |
Meal Allowances Paid to Employees During Eligible Business Travel (100 days @ $51 per day) | 5,100 | |
Total |
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