Jones operates an upscale restaurant and he pays experienced cooks $40.500 per year. This year he hired his son as an apprentice cook. Jones agreed to pay his son $44.400 per year. Which of the following is a true statement about this transaction? Multiple Choice 0 Jones will be wowed to $44.400 only the pays his son in cash 0 Jones will be slowed to deduct $44.400 only if his son eventually develops into an expert cook O Jones is not need to any business dedicton urt the son is an experienced cook 0 Jones will be lowed to deduct $40.500 as compensation and another $3.500 can be deducted as an employee on 0 None of the choices we 0