Holly took a prospective client to dinner, and after agreeing to a business deal, they went to the theater. Holly paid $450 for the meal and $186 for the theatre tickets, amounts that were reasonable under the circumstances. What amount of these expenditures can Holly deduct as a business expense?

Multiple Choice

• $636
• $225
• $318
• $93
• None - the meals and entertainment are not deductible except during travel.