Question 9 (2 points) XYZ Corporation spent $7000 on the annual company-wide picnic hosting 120 employees with foods and beverages, because the owner of XYZ believes this benefits its employees. During the same week. XYZ also reimburses Sarah $2500 for taking the client out for dinner. How much may XYZ deduct? a) $0 b) $1,250 c) $3,500 d) $4,750 e) $8,250 f) $9,500