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Please answer the questions 1. Frank a self-employed plumber who owns his own business spent the following on meals and entertainment: $5,000 on meals for

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1. Frank a self-employed plumber who owns his own business spent the following on meals and entertainment: $5,000 on meals for himself for the year $2,000 on meals to entertain his customers What amount will Frank report as deductible meals and entertainment, Schedule C Line 24b? a. $1,000 b. $2,000 c. $5,000 d. $7,000 17. Frank completes a plumbing job and is owed $5,000 by a customer in 2017. The customer pays $3,000 in cash, and also gives him a truck valued at $1,500 plus provides S500 in services. How much income will the electrician report on his return as gross income a. $3,000 b. $3,500 c. $4,500 d. $5,000 18. Frank has a written mileage log showing 5,000 miles for 2017: The log consisted of the following: (Standard mileage rate is $.535 per mile) 3,000 miles from home to work and to return each day 2,000 miles business miles Frank also had actual car and truck expenses of $1,000. (Used exclusively for business) How much can Frank deduct for his car and truck expenses for business for 2017

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