Question 13 of 50. Lucy is a writer. In November 2020, she received an advance of $5,000 for a book which she is not starting until 2021. Which of the following statements is correct? O Lucy must report the income in 2020 but can claim a reserve for services not yet rendered. O Lucy must report the income in 2021, which is when she will be performing the contract. O Lucy must prorate the income from the time she received it until the time she finishes the contract Mark for follow up Question 14 of 50. Zoe performs as a clown at children's birthday parties. Last year she spent $1,000 on a clown outfit and related accessories. She will never have any personal use of these. Which of the following statements is correct? Since the clown outfit is clothing, it cannot be claimed. Since the clown outfit is a costume which would never be used for personal use, she can write off the full amount. She can claim the clown outfit, but since it is capital asset, she is limited to claiming CCA Mark for follow up Question 15 of 50. Erica is a commission salesperson. Last year, they bought 10 tickets to baseball games which they gave away as gifts to clients. The cost was $1,000. Which of the following statements is correct? Tickets to baseball games are specifically prohibited as a business expense. Since the tickets are for entertainment, their claim is limited to $500 (50% of the cost). O Since they did not go to the games themselves, Erica can claim the full $1,000 as a gift