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Vella owns and operates an illegal gambling establishment. In connection with this activity, he has the following expenses during the year: Rent Bribes Travel expenses
Vella owns and operates an illegal gambling establishment. In connection with this activity, he has the following expenses during the year: Rent Bribes Travel expenses Utilities $39,000 58,500 3,900 23,400 Wages Payroll taxes Property insurance Illegal kickbacks 295,500 19,500 1,950 35,100 What are Vella's total deductible expenses for tax purposes
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