Please be sure that your answer is correct, If you do not know the answer, do not give me wrong answer thank you :)

13. Which of the following expenditures would not be allowed as a trade or business deduction? if more than one would not be allowed, select either answer D or E. A. A speeding ticket only B. An expense incurred while operating an illegal gambling business only C. A government imposed penalty only D. Neither item A nor C would be allowed E. None of the items would be allowed 14. Taxpayer sells an asset for $210,000. Assume that the taxpayer has owned the asset for several years, that the original cost was $150,000, and that Taxpayer has claimed depreciation deductions of $90,000. Assume also that Taxpayer incorrectly computed depreciation over the years and should have claimed depreciation deductions of $110,000. Assuming that Taxpayer will not file amended returns to correct any prior depreciation errors, how should the Taxpayer report the sale? A Gain of $150,000 B Gain of $150,000 and itemized deduction of $40,000 C Gain of $60,000 D Gain of $170,000 E None of the above Do not assume that a taxpayer makes an IRC 179 election or uses bonus depreciation unless a problem so states. For each question you answer, insert in the appropriate space on the separate answer sheet the letter which indicates the correct response. Please note than all final answers have been rounded to the nearest $10