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Paris Operates a Talent Agency as a Sole Proprietorship, and This

question 89

Multiple Choice

Paris operates a talent agency as a sole proprietorship, and this year she incurred the following expenses in operating her talent agency. What is the total deductible amount of these expenditures?
$1,000 dinner with a film producer where no business was discussed
$500 lunch with sister Nicky where no business was discussed
$700 business dinner with a client but Paris forgot to keep any records (oops!)
$900 tickets to the opera with a client following a business meeting


Definitions:

Autonomic Nervous System

The part of the nervous system that controls involuntary actions of the body, such as heart rate and digestion.

Autonomic Nervous System

The part of the nervous system that controls involuntary actions of the body, such as heart rate and digestion, and is divided into the sympathetic and parasympathetic nervous systems.

Spinal Cord

A long, thin, tubular structure made up of nervous tissue, which extends from the brain down through the spinal column, playing a critical role in transmitting nerve signals between the brain and the rest of the body.

Stomach Muscles

The muscles associated with the stomach, primarily responsible for the mechanical digestion of food through churning movements, and part of the broader group of muscles in the abdominal region.

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