Identify the tax issue or issues suggested by the following situations and state each issue in the form of a question.
Every December, Maxo Inc., an accrual basis, calendar year Corporation, purchases 3,500 calendars from a publisher and mails them to its customers as a holiday gift. This year, Maxo received a $14,420 bill from the publisher, which represented a sizeable price increase from prior years. Maxo scheduled a January meeting with the publisher to discuss the contested bill.