I just need this one question answered for my test

A few members in the Circular Club do not want to continue with the annual rodeo. However, Shelley is insistent the Club must continue to conduct the rodeo as an annual fundraiser. Shelley argues she has spent hundreds of dollars on western boots, hats, and other items of clothing to wear to the rodeo. Are the expenses related to Shelley's purchases of rodeo clothing relevant costs? Why or why not? this is the only question that wasnt answered for this problem CA- illustration CA 5-1 Revenue and expense data, year 1 case 5 Cases for Management Decision-Making A local youth group was contacted to provide concessions to the public and divide the profits with the Circular Club. The Auburn Circular Club Pro Rodeo Roundup would be held on June 1, 2, and 3. The cost of an adult ticket was set at $8 in advance or $10 at the gate, the cost of a ticket for a child 12 or younger was set at $6 in advance or $8 at the gate. Tickets were not date-specific. Rather, one ticket would admit an individual to one performance of his or her choice Friday, Saturday, or Sunday. The rodeo committee was able to secure a location through the county supervisors board at a nominal cost to the Circular Club, The arrangement allowed the use of the county Fairgrounds and arena for a one-week period. Several months prior to the rodeo, members of the rodeo committee had been assured that bleachers at the arena would hold 2,500 patrons. On Saturday night, paid attendance was 1,663, but all seats were filled due to poor gate con trols. Attendance was 898 Friday and 769 on Sunday. The following revenue and expense figures relate to the first year of the rodeo Receipts Contributions from sponsors $22.000 Receipts from ticket sales 28.971 Share of concession profits 1,513 Sale of programs 600 Total receipts $53.084 Expenses Livestock contractor 26.000 Prize money 21,000 Contestant hospitality 3.341 Sponsor signs for arena 1.900 Insurance 1.800 Ticket printing 1.050 Sanctioning fees 925 Entertainment 859 Judging fees 750 Port-a-potties 716 Rent Hay for horses 535 Programs Western hats to first 500 children 430 Hotel rooms for stock contractor 325 Utilities 300 Sand for arena 251 Miscellaneous fixed costs IOS Total expenses 61,410 Net loss $(8,326) "The club contracted with a local cater to provide atent and food for the contestants. The cost of the food was contingent on the number of contents each evening. Information con cerning the number of contestants and the continued are as follows Contestants Total Cost Friday 68 $ 998 Saturday Sunday 83 1.100 $3.341 500 On Wednesday after the rodeo, members of the rodeo committee met to dis- cuss and critique the rodeo. Jonathan Edmunds, CPA and President of the Cir cular Club, commented that the club did not lose money. Rather, Jonathan said, "The club made an investment in the rodeo. Case 5 Auburn Circular Club Pro Rodeo Roundup Developed by Jessica Johnson Frazier, Eastern Kentucky University and Patricia H. Mounce, University of Central Arkansas The Business Situation When Shelley Jones became president-elect of the Circular Club of Auburn, Kansas, she was asked to suggest a new fundraising activity for the club. After a consider able amount of research, Shelley proposed that the Circular Club sponsor a pro fessional rodeo. In her presentation to the club, Shelley said that she wanted a fundraiser that would (1) continue to get better each year, (2) give back to the com munity, and (3) provide the club a presence in the community Shelley's goal was to have an activity that would become an annual community event and that would break even the first year and raise $5,000 the following year. In addition, based on the experience of other communities, Shelley believed that a rodeo could grow in popularity so that the club would eventually cam an average of $20,000 annually A rodeo committee was formed. Shelley contacted the world's oldest and largest rodeo-sanctioning agency to apply to sponsor a professional rodeo. The sanction ing agency requires a rodeo to consist of the following five events Bareback Riding Bronco Riding. Steer Wrestling, Bull Riding, and Call Roping. Because there were a number of team ropers in the area and because they wanted to include females in the competition, members of the rodeo committee added Team Roping and Women's Barrels. Prize money of $3,000 would be paid to winners in each of the seven events Members of the rodeo committee contracted with RJ Cattle Company, a livestock contractor on the rodeo circuit, to provide bucking stock, fencing, and chutes. Realizing that costs associated with the rodeo were tremendous and that ticket sales would probably not be sufficient to cover the costs, the rodeo com mittee sent letters to local businesses soliciting contributions in exchange for various sponsorships. Exhibiting Sponsors would contribute $1.000 to exhibit their products or services, while Major Sponsors would contribute $600. Chute Sponsors would contribute $500 to have the name of their business on one of the six bucking chutes. For a contribution of $100. Individuals would be included in a Friends of Rodeo list found in the rodeo programs. At cach performance the rodeo announcer would repeatedly mention the names of the businesses and in dividuals at each level of sponsorship. In addition, large signs and banners with the names of the businesses of the Exhibiting Sponsors, Major Sponsors, and Chute Sponsors were to be displayed prominently in the arena CA-16