Which of the following statements is true?

A. Tim pays his brother $50,000 for a job that should cost $20,000. Tim takes $50,000 as a business deduction on Schedule C.

B. Mary used loan proceeds to purchase tax-exempt municipal bonds Mary claims interest associated with this borrowing as a business expense on Schedule C.

C. Bob purchases a membership in a country club to entertain clients. Bob deducts this cost on schedule C as a business expense.

D. John takes a 10 day vacation to Hawaii from his in Chicago. He decides to attend a 1 day seminar. John deducts 10% of his travelling costs as business expense on his Schedule C.

E. All the above are false.

Brenda travels from Chicago to Madrid (Spain) primarily for business. She spends 8 nights conducting business and 2 nights sightseeing. She incurred the following costs on the trip:

Air-Fare $4,500.

Travel costs to and from airport 270.

Hotel Costs ($370 a night)

Conference Costs 690

Meals ($210 a day)

What is the amount that Brenda can deduct for tax for this trip (rounded)?

A. $9,146.

B. $10,100.

C. $8,306

D. $28,200

E. $690.