Troy Incurs the Following Expenses in His Business,an Illegal Gambling

question 66

Multiple Choice

Troy incurs the following expenses in his business,an illegal gambling establishment: $$\begin{array} { | l | r | } \hline \text { Salaries to employees } & \$ 200,000 \\\hline \text { Insurance expense } & 60,000 \\\hline \text { Utilities expense } & 70,000 \\\hline \text { Bribes to police } & 50,000 \\\hline\end{array}$$ His deductible expenses are

• A)$0.
• B)$200,000.
• C)$330,000.
• D)$380,000.

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