Question: Problem 9 - 3 4 ( Algorithmic ) ( LO . 5 ) During 2 0 2 4 , Stork Associates paid $ 5 3

Problem 9-34(Algorithmic)(LO.5) During 2024, Stork Associates paid $53,400 for a 20-seat skybox at Veterans Stadium for eight professional football games. Regular seats to these games range from $50 to $150each. At one game, an employee of Stork entertained 18 clients. Stork furnished food and beverages for the event at a cost of $3,800. The game was preceded by a bona fide business discussion, and all expenses are adequately substantiated. How much may Stork deduct for this event?

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