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Tax Drill - Lobbying Activities Printers Company pays a $25,000 annual membership fee to a trade association for paper wholesalers. The trade association estimates that

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Tax Drill - Lobbying Activities Printers Company pays a $25,000 annual membership fee to a trade association for paper wholesalers. The trade association estimates that 60% of its dues are allocated to lobbying activities. If amount is zero, enter, "O". a. Printers Company's total deductible expense for tax purposes is $ b. Assume the same facts as above except that the $25,000 was incurred for in-house lobbying expenses. Printers Company's total deductible expense for tax purposes is $

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