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Which of the following business expenses is deductible for tax purposes? Select one: a. $50 speeding ticket incurred while delivering goods to a customer. b.

Which of the following business expenses is deductible for tax purposes? Select one: a. $50 speeding ticket incurred while delivering goods to a customer. b. $15 late payment interest charged by utility company. c. $25 late filing penalty charged by CRA. d. $20 late payment interest charged by CRAimage text in transcribed

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