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Company is an accrual method calendar year taxpayer. Ajax has never advertised in the national media prior to this year In November of this year,

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Company is an accrual method calendar year taxpayer. Ajax has never advertised in the national media prior to this year In November of this year, however, Ajax paid $1.5 million for television advertising time during a "super" sporting event scheduled to take place in early February of next year. In addition,in November of this year the company paid $1.000.000 for advertising time during a professional golf tournament which will occur once in April of next year. What amount of these payments, if any. can Ajax deduct this year? Multiple Choice $1.50 million 0 S250 million

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