Jasen owns a trucking business. During the current year he incurred the following: Gasoline and oil $100,000 Maintenance $15,000 Fines for speeding $8,000 Bribes to government inspection officials $21,000 The fines for speeding were a necessary cost because missing deadlines would cause lost business and are ordinary in the industry. What is the total amount of deductible expenses? Select one: a. $108,000 b. $144,000 c. $115,000 d. $123,000 Which one of the following will be included in the taxpayer's income for the year? Select one: a. Harry received a $20,000 loan from a bank that is used for personal purposes. b. None of the other choices will be included in gross income. c. Linda prepared the tax return for her seamstress in exchange for the seamstress sewing her a wedding gown. d. Oscar received a $5,000 award from his Univeristy for athletic achievement. The award is used to pay tuition