Tina owns a car dealership. Her books and records reflect the following items for the current year: Reserve for anticipated expenses associated with service contracts sold in the current year Direct expenses paid in an attempt to influence legislation of the local city council Expenses paid for admission to an inaugural ball for a candidate for mayor Cost to demolish a building used in her business Undepreciated basis of demolished building $10,000 1,000 500 3,000 5,000 What is the amount Tina can deduct on her income tax return for the current year? A. $20,500 B. $18,000 C. $1,000 D. $9,500