Question: Exercise 11-5 (Algorithmic) (LO. 3) Brenda, who is self employed, travels from Chicago to Barcelona (Spain) on business. She is gone for 10 days (including
Exercise 11-5 (Algorithmic) (LO. 3)
Brenda, who is self employed, travels from Chicago to Barcelona (Spain) on business. She is gone for 10 days (including 2 days of travel), during which time she spends 5 days conducting business and 3 days sightseeing. Her expenses are $2,150 (airfare), $235 per day (meals), and $495 per night (lodging). Because Brenda stayed with relatives while sightseeing, she only paid for 5 nights of lodging. Compute Brenda's deductions for the following:
If required, round your answers to the nearest dollar.
a. Deduction for airfare: $
b. Deduction for meals: $
c. Deduction for lodging: $
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