Kadian purchases a block of 10 tickets to next Saturday's basketball game. The tickets cost $45 each. He keeps two tickets for himself and gives the remaining tickets to 8 business customers. Each customer receives a ticket, and Kadian told all of them he would see them Saturday night. How much can Kadian deduct?

Question

Quizplus · Accepted Answer

Kadian can deduct the cost of the 8 tickets he gave to his business customers as a business expense. Each ticket costs $45, so 8 tickets cost 8 x $45 = $360.

Kadian Purchases a Block of 10 Tickets to Next Saturday's