Nicholas wanted to take an important customer to a hockey game.Although the face value of a ticket was only $50,the only way he could get tickets was by paying a scalper $160 for each ticket.Assuming all other deductibility requirements are met,how much will Nicholas be able to deduct for each ticket?
A)$0
B)$25
C)$50
D)$80
E)$160

Question

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The Answer of Nicholas wanted to take an important customer to a hockey game.Although the face value of a ticket was only $50,the only way he could get tickets was by paying a scalper $160 for each ticket.Assuming all other deductibility requirements are met,how much will Nicholas be able to deduct for each ticket?
A)$0
B)$25
C)$50
D)$80
E)$160

Nicholas Wanted to Take an Important Customer to a Hockey