Donald had a party to publicize the opening of his new accounting office. He invited community and business leaders to his office where food and beverage of $4,000 was served along with $1,000 of entertainment. How much of the total cost can Donald deduct?
a. $- 0 -
b. $2,500
c. $3,000
d. $4,500
e. $5,000
b
Business
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Indicate whether the statement is true or false
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Answer the following statement true (T) or false (F)
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