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Discuss what amount can sunburn deduct as meal

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Reference no: EM131783241

The Moon Glow Advertising agency rents a skybox at the Sun Palace Arena where the St. Paul Saints basketball team plays its home games. The cost of the skybox for the season is $100,000 and includes ten tickets to each game. The team plays 40 games a year at the arena. The most expensive non-luxury box seat is $125. After acquiring a new advertising client, the president of the agency invites 9 business associates to watch a game with him in the company skybox. Food and drinks cost $900. What amount can Sunburn deduct as meal and entertainment expense?

a. $ - 0 -

b. $1,075

c. $2,150

d. $2,325

e. $4,650

Reference no: EM131783241

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