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Problem 9-38 (Algorithmic) (LO. 5) During the current year, Paul, the vice president of a bank, made gifts in the following amounts: To Sarah (Paul's

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Problem 9-38 (Algorithmic) (LO. 5) During the current year, Paul, the vice president of a bank, made gifts in the following amounts: To Sarah (Paul's personal assistant) at Christmas $39 To Darryl (a key client)-$3 was for gift wrapping 38 To Darryl's wife (a homemaker) on her birthday 18 To Veronica (Paul's boss) at Christmas 40 In addition, on professional assistants' day, Paul takes Sarah to lunch at a cost of $65. Presuming that Paul has is not reimbursed, how much can he deduct? Do not round intermediate computations. If require round your final answer to the nearest cent. 0

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