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H Inc. incurred (and paid) the following expenses in the current year: $4,000 for hockey tickets to entertain customers, $12,000 for permanent landscaping on the
H Inc. incurred (and paid) the following expenses in the current year: $4,000 for hockey tickets to entertain customers, $12,000 for permanent landscaping on the head office, and $2,000 brokers fee to purchase publicly traded securities. Determine the amount deductible for tax purposes in the current year.
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