Question

What is the deductible amount for entertainment, given that only half of the cost is deductible, and the total cost is $1,200?

Answer 1

The deductible amount for entertainment is $600.

Step-by-step explanation:

The deductible amount for entertainment is calculated by taking only half of the total cost.

In this case, the total cost is $1,200, so the deductible amount would be half of that, which is $600.