Phil Armonic is actively engaged in the oil business and owns numerous oil leases in the Southwest. During 2020, he made several trips to inspect oil wells on the leases. As a result of these overnight trips, he paid the following: Plane fares $4,000 Hotels 1,000 Meals 800 Entertaining lessees 500 of the $6,300 in expenses incurred, he can claim as deductible expenses O $5,400 $6,300 $5,000 $4,400