Andrew's Hobby Is Painting

question 52

Multiple Choice

Andrew's hobby is painting.During the current year,Andrew sold three of his paintings for a total of $2,200.His related expenses include $800 utilities,$1,200 supplies,and $400 in depreciation.Of these expenses incurred,how much can Andrew deduct in the current year?

• A)$0
• B)$2,000
• C)$2,200
• D)$2,400

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Definitions:

Prospects

Potential customers or clients who have been identified as fitting a company's target market but have not yet made a purchase.

Account Segmentation

The process of dividing customers into groups based on specific criteria to tailor sales strategies and marketing efforts.

Territorial Development

The strategic planning and execution of growth initiatives within a specified geographic area to enhance market presence and sales.

Heterogeneous Needs

The varying and diverse needs or desires of customers within a market, highlighting the importance of tailored marketing and sales approaches.