Question
On New Years Eve, Hal sent three bottles of champagne to the three owners of the Day & Night Cleaners to thank them for their
On New Years Eve, Hal sent three bottles of champagne to the three owners of the Day & Night Cleaners to thank them for their business during the year. Each bottle of champagne cost $75. Each of the owners took the champagne home. Earlier in the year, Hal had given a video game to the 10-year-old son of one of the owners. The value of the game was $50. To show his appreciation to another customer for his business, Hal gave the customer tickets to a football game. The value of the tickets for the customer was $100. What is the total amount Hal can deduct as business gifts?
$125
$100
$75
$375
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