I.R.C. $162 sets the initial threshold for deductible business expenses. It says expenses must be A) bid for lowest cost, not luxury, ordinary for business B) ordinary, necessary and reasonable for the conduct of business C) prudent, not in excess, and justifiable as a business expense D) usual, paid in cash and non-refundable to be deductible QUESTION 4 What is the total amount of her For AGI deduction for these fees? A) $4,000 B) $6,000 C) $8,100 D) $11,200