After a business meeting with a prospective client Holly took the client to dinner and the theatre.Holly paid $290 for the meal and $250 for the theatre tickets,amounts that were reasonable under the circumstances.What amount of these expenditures can Holly deduct as a business expense?
A) $540
B) $415
C) $270
D) None unless Holly discussed business with the client during the meal and the entertainment.
E) None - the meals and entertainment are not deductible except during travel.

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The Answer of After a business meeting with a prospective client Holly took the client to dinner and the theatre.Holly paid $290 for the meal and $250 for the theatre tickets,amounts that were reasonable under the circumstances.What amount of these expenditures can Holly deduct as a business expense?
A) $540
B) $415
C) $270
D) None unless Holly discussed business with the client during the meal and the entertainment.
E) None - the meals and entertainment are not deductible except during travel.

After a Business Meeting with a Prospective Client Holly Took