Question: During 2 0 2 3 , Cathy takes five key clients to dinner and incurs the following costs: $ 3 2 0 limousine rental and

During

2023,

Cathy takes five key clients to dinner and incurs the following costs: $

320

limousine rental and $

1120

for dinner; assume that there were substantive business discussions during dinner. Several days after the function, Cathy mails each client a pen costing $

25 .

In addition, Cathy pays $

4

for gift wrapping and mailing each pen. Assuming adequate substantiation and a business justification, what is Cathy's deduction?

During 2023, Cathy takes five key clients to dinner and incurs

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