The Crown Howe Accounting Firm Rents a Skybox at Lucas

The Crown Howe Accounting firm rents a skybox at Lucas Oil Field where the Indianapolis Colts play their home games.The cost of the skybox for the season is $80,000 and includes 8 tickets to each game.The team plays 10 games a year at the arena.The most expensive non-luxury box seat is $200.After acquiring a new accounting client,the Managing partner invites 5 business associates to watch a game in the firm skybox.Food and drinks cost $800.What amount can Crown Howe deduct as meal and entertainment expense?

A) $1,000
B) $1,200
C) $2,000
D) $2,400
E) $4,400