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Exercise 9 - 2 1 ( Algorithmic ) ( LO . 5 ) In 2 0 2 3 , the CEO of Crimson, Inc., entertains

Exercise 9-21(Algorithmic)(LO.5)
In 2023, the CEO of Crimson, Inc., entertains 9 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 $10,650 per event and seats 11 people. (The cost of a regular, nonluxury box seat at Memorial ranges from $90 to $180.) Refreshments served during the event cost $770.
How much of these costs may Crimson deduct?

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