Werner is the president and CEO of Acme, Incorporated, and this year, he took a prospective client to dinner. During the dinner, Werner and the client discussed a proposed contract for over $6 million as well as personal matters. After dinner, Werner took the client to a football game and no business was discussed. Werner paid $1,220 for an expensive(but not extravagant)dinner and spent $600 for tickets to the game. What is the deductible amount of these expenses?

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The Answer of Werner is the president and CEO of Acme, Incorporated, and this year, he took a prospective client to dinner. During the dinner, Werner and the client discussed a proposed contract for over $6 million as well as personal matters. After dinner, Werner took the client to a football game and no business was discussed. Werner paid $1,220 for an expensive(but not extravagant)dinner and spent $600 for tickets to the game. What is the deductible amount of these expenses?

Werner Is the President and CEO of Acme, Incorporated, and This