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Exercise 9 - 1 7 ( Algorithmic ) ( L 0 . 5 ) In 2 0 2 2 , the CEO of Crimson, Inc.,

Exercise 9-17(Algorithmic)(L0.5)
In 2022, the CEO of Crimson, Inc., entertains 5 clients at a skybox in Memorial Stadium for a single athletic event during the year. Substantive business discussions occurred at various times during the event. The box cost $6,100 per event and seats 7 people. (The cost of a regular, nonluxury box seat at Memorial ranges from $55 to $110.) Refreshments served during the event cost $1,920(the refreshments were obtained from a local restaurant and were separately itemized on the bill Crimson received).
How much of these costs may Crimson deduct
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