Question 38 Use the general requirements of $162 (business deductions) to determine if the following expense is deductible. Specifically requirement is or is not met in the below text box. Mr. Henry, an accountant, purchased a yacht this year as part of his advertising campaign. He named the yacht "Miss Deduct "1040" on it and his company name below. He used the boat often as he visited marinas in the Miami area. He won three ne boat received. He would like to deduct the yacht expenses he incurred this year. s) to determine if the following expense is deductible. Specifically in short we format discussions of his advertising campaign. He named the yacht "Miss Deduction and flew a flag with the numbers often as he visited marinas in the Miami area. He won three new clients this year from the attention is e incurred this year Question 38 Use the general requirements of $162 (business deductions) to determine if the following expense is deductible. Specifically requirement is or is not met in the below text box. Mr. Henry, an accountant, purchased a yacht this year as part of his advertising campaign. He named the yacht "Miss Deduct "1040" on it and his company name below. He used the boat often as he visited marinas in the Miami area. He won three ne boat received. He would like to deduct the yacht expenses he incurred this year. s) to determine if the following expense is deductible. Specifically in short we format discussions of his advertising campaign. He named the yacht "Miss Deduction and flew a flag with the numbers often as he visited marinas in the Miami area. He won three new clients this year from the attention is e incurred this year