Question: Problem 9-34 (Algorithmic) (LO. 5) During 2022, Stork Associates paid $70,200 for a 20-seat skybox at Veterans Stadium for eight professional football games. Regular seats

Problem 9-34 (Algorithmic) (LO. 5)

During 2022, Stork Associates paid $70,200 for a 20-seat skybox at Veterans Stadium for eight professional football games. Regular seats to these games range from $80 to $240 each. At one game, an employee of Stork entertained 18 clients. Stork furnished food and beverages for the event (provided by a local restaurant) at a cost of $1,800. 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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