Question: Required information Problem 1-46 (LO 1-1, LO 1-2) (Algo) [The following information applies to the questions displayed below.] Michelle operates several food trucks. Indicate the

 Required information Problem 1-46 (LO 1-1, LO 1-2) (Algo) [The following

information applies to the questions displayed below.] Michelle operates several food trucks.

Indicate the amount (if any) that she can deduct as an ordinary

Required information Problem 1-46 (LO 1-1, LO 1-2) (Algo) [The following information applies to the questions displayed below.] Michelle operates several food trucks. Indicate the amount (if any) that she can deduct as an ordinary and necessary business deduction in each of the following situations. Note: Leave no answers blank. Enter zero if applicable. roblem 1-46 Part-b (Algo) Michelle paid $760 to reserve a parking place for her food truck for the fall football season outside the local football stadium. ichelle also paid $105 for tickets to a game for her children. ! Required information Problem 1-46 (LO 1-1, LO 1-2) (Algo) [The following information applies to the questions displayed below.] Michelle operates several food trucks. Indicate the amount (if any) that she can deduct as an ordinary and necessary business deduction in each of the following situations. Note: Leave no answers blank. Enter zero if applicable. Problem 1-46 Part-c (Algo) c. Michelle provided a candidate with free advertising painted on her truck during the candidate's campaign for city council. Michelle paid $540 to have the ad prepared and an additional $240 to have the ad removed from the truck after the candidate lost the election. Deductible amount

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