On New Year's Eve, Hal sent three bottles of champagne to the three owners of the Day

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On New Year's Eve, Hal sent three bottles of champagne to the three owners of the Day & Night Cleaners to thank them for their business during the year. Each bottle of champagne cost $75. Each of the owners took the champagne home. Earlier in the year, Hal had given a video game to the 10 year old son of one of the owners. The value of the game was $50. To show his appreciation to another customer for his business, Hal took the customer to a football game. The value of the tickets was $100. What is the total amount Hal can deduct as business gifts?

$375
$100
$125
$75

Posted Date: Oct 06, 2021 10:51 PM

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On New Year's Eve, Hal sent three bottles of champagne to the three owners of the Day

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Answer 75 The total amount Hal can deduct as business gifts is 75 Explanat... View the full answer

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