LO.3 In 2018, the CEO of Crimson, Inc., entertains seven clients at a skybox in Memorial Stadium

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LO.3 In 2018, the CEO of Crimson, Inc., entertains seven clients at a skybox in Memorial Stadium for an athletic event. Substantive business discussions occurred at various times during the event. The box costs $2,000 per event and seats 10 people. (The cost of a regular seat at Memorial ranges from $55 to $100.) Refreshments served during the event cost $700. How much of these costs may Crimson deduct?

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