Grace is a self-employed sales consultant who spends significant time entertaining potential customers. She keeps all the appropriate records to substantiate her entertainment. She has the following expenses in the current year:
Restaurant meals ...................................... $5,000
Greens fees (all business) ........................... 500
Tickets to baseball games ........................... 500
Country Club dues (all business use) ............... 6,000
What is the tax-deductible entertainment expense Grace may claim in the current year? On which tax form should she claim the deduction?