Beth and Julie Are Old Friends and Currently Own Their

question 31

Multiple Choice

Beth and Julie are old friends and currently own their own law firms. Each week they go out to lunch. Beth and Julie take turns paying for lunch. During the current year, Beth pays $800 for food and beverages plus $200 for tips. How much can Beth deduct for the lunches?

• A)$0
• B)$400
• C)$500
• D)$800
• E)$1,000

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