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Lilly made the following gifts during the year: To Lola, a key client ($10 of the amount listed was for gift wrapping) $40 To Jonelle,

Lilly made the following gifts during the year: To Lola, a key client ($10 of the amount listed was for gift wrapping) $40 To Jonelle, Lilly's secretary, on Jonelle's birthday $40 To Gerard, Lilly's boss, at Christmas $80 Presuming proper substantiation, Lilly's deduction is: (Points : 5) $60. $85. $80. $160. None of the above

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