Stork Associates paid $52,200 for a 20-seat skybox at Veterans Stadium for eight professional football games. Regular seats to these games range from $65 to $195 each. At one game, an employee of Stork entertained 18 clients. Stork furnished food and beverages for the event at a cost of $3,400. The game was preceded by a bona fide business discussion, and all expenses are adequately substantiated. How much may Stork deduct for this event
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Stork Associates paid $52,200 for a 20-seat skybox at Veterans Stadium for eight professional footba...
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