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QUESTION 15 Mobster/Ganster Pauly Porsche Porchetta incurs the following expenses in his business (undocumented AKA illegal gambling establishment): Salaries to employees $200,000 Insurance expense 20,000
QUESTION 15 Mobster/Ganster Pauly "Porsche" Porchetta incurs the following expenses in his business (undocumented AKA illegal gambling establishment): Salaries to employees $200,000 Insurance expense 20,000 Business entertainment expense 20,000 Legal fees to buy business property 20,000 Utilities expense 20,000 Business related meals 20,000 Dinero por debajo de la mesa (Bribes) to the police 10,000 Paulie "Porsche" Porchetta's deductible expenses are OA SO B. $200,000 $250,000 D. $270,000 E. $290,000
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