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Hi, I'm working on my homework assignment and need help: Acme Corporation had the following expenses: 1,000 pads of paper embossed with the company logo
Hi, I'm working on my homework assignment and need help:
Acme Corporation had the following expenses:
- 1,000 pads of paper embossed with the company logo to hand out at the Big Time Convention - $700
- Display racks to use at the convention center - $200
- An all-expense vacation for Susie's 25 years of service awarded under a qualified plan - $2,500
- A golden cone to recognize Wayne's on the job safety record - $320
Acme has a qualified plan for the job awards. Calculate Acme's total deductions for the above expenses.
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