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Michael has a very successful business as a financial consultant. Michael attends the following seminars: Zen your way to riches $800 Backyard Gardening 50 Computer

Michael has a very successful business as a financial consultant. Michael attends the following seminars:

"Zen your way to riches" $800

"Backyard Gardening" 50

"Computer Marketing Tools" 200

"Passing the Legal Bar Exam" 500

"Beating the Market" 300

How much can Michael deduct as business education expenses? Explain the basis for your answer to receive full credit.

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