SDA Company has a group of potential customers visit its office in British Columbia. Management from SDA takes the customers out for dinner in the evening. The total bill for the meal is $ $290.$ How much of this expenditure is deductible for determining GAAP$$ income, and how much is deductible in determining Net Income for Tax$$ Purposes?

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Part $1$

A$.$

$ $145$ for$$ GAAP, $ $145$ for Net Income for Tax Purposes

B$.$

$ $290$ for$$ GAAP, $ $145$ for Net Income for Tax Purposes

C$.$

$ $145$ for$$ GAAP, $ $290$ for Net Income for Tax Purposes

D$.$

$ $290$ for$$ GAAP, $ $290$ for Net Income for Tax Purposes