Marco makes the following business gifts during the year: $$\begin{array} { l l }
\text { Miss Scarlett (a potential dient) } & \$ 30 \
\text { Mr. and Mrs. White (both are dlients) } & \$ 40 \
\text { Professor Plum (a client) } & \$ 18 \
\text { Mrs. Plum (the nonclient wife of Professor Plum) } & \$ 12 \
\text { Charles Mustard (Marco's boss) } & \$ 27
\end{array}$$ Marco also spent $15 on wrapping paper and a card for the above gift to the Whites.Calculate Marco's total allowed deduction for gifts

Question

Marco makes the following business gifts during the year: $$\begin{array} { l l } 
\text { Miss Scarlett (a potential dient) } & \$ 30 \
\text { Mr. and Mrs. White (both are dlients) } & \$ 40 \
\text { Professor Plum (a client) } & \$ 18 \
\text { Mrs. Plum (the nonclient wife of Professor Plum) } & \$ 12 \
\text { Charles Mustard (Marco's boss) } & \$ 27
\end{array}$$ Marco also spent $15 on wrapping paper and a card for the above gift to the Whites.Calculate Marco's total allowed deduction for gifts

Quizplus · Accepted Answer

The Answer of Marco makes the following business gifts during the year: $$\begin{array} { l l } 
\text { Miss Scarlett (a potential dient) } & \$ 30 \
\text { Mr. and Mrs. White (both are dlients) } & \$ 40 \
\text { Professor Plum (a client) } & \$ 18 \
\text { Mrs. Plum (the nonclient wife of Professor Plum) } & \$ 12 \
\text { Charles Mustard (Marco's boss) } & \$ 27
\end{array}$$ Marco also spent $15 on wrapping paper and a card for the above gift to the Whites.Calculate Marco's total allowed deduction for gifts

Marco Makes the Following Business Gifts During the Year Marco Also Spent $15 on Wrapping Paper and a Card