Question: statement about this transaction? Multiple Choice Jones will be allowed to deduct $ 4 3 , 6 0 0 only if his son eventually develops

statement about this transaction?
Multiple Choice
Jones will be allowed to deduct $43,600 only if his son eventually develops into an expert cook.
Jones will be allowed to accrue $43,600 only if he pays his son in cash.
Jones will be allowed to defuct $39,500 as compensation and another $4,100 can be deducted as an employee gift.
Jones is not entitled to any business deduction until the son is an experienced cook
None of the choices are true.
statement about this transaction? Multiple Choice

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