Select from the option list provided the correct treatment for each of the following deduction items. Each choice may be used once, more than once, or not at all.

Deduction itemsDeductibility$1.$ Dividends received from an affiliated taxable domestic corporation in which the corporation owns $80\%$ of stock.

$2.$ Fines paid to municipal business bureau for improper conduct.

$3.$ Non$-$promotional neon lamps given to restaurants by a beer company. Each restaurant received one lamp that cost $$50$ to make.

$4.$ Expense for employee education costs.

$5.$ Loss of $$2,500$ from determination that some securities held are worthless. No other gains or losses from capital assets exist.

$6.$ Entertainment costs incurred to entice clients.

$7.$ A corporation formed in the current year incurred organizational expenses of $$4,500.$

$8.$ Contributions made to a qualified charitable organization were $$33,000.$ Taxable income for the year was $$100,000.$

$9.$ Estimated state tax payments for the current year.

$10.$ Interest paid on bank loan.

$11.$ Advertising expenses.

$12.$ Gifts given that cost $$50$ per person.