Jordan took a business trip from New York to Denver. She spent two days in travel, conducted business for nine days, and visited friends for five days. She incurred the following expenses: Airfare Lodging Meals Entertainment of clients 490 2,900 725 580 Deduction $ Required: How much of these expenses can Jordan deduct? (Do not round intermediate calculations. Round your final answer to the nearest whole dollar value.)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Jordan took a business trip from New York to Denver. She spent two days in travel, conducted business for nine days, and visited
friends for five days. She incurred the following expenses:
Airfare
Lodging
Meals
Entertainment of clients
$ 490
2,900
725
580
Required:
How much of these expenses can Jordan deduct? (Do not round intermediate calculations. Round your final answer to the nearest
whole dollar value.)
Deduction
Transcribed Image Text:Jordan took a business trip from New York to Denver. She spent two days in travel, conducted business for nine days, and visited friends for five days. She incurred the following expenses: Airfare Lodging Meals Entertainment of clients $ 490 2,900 725 580 Required: How much of these expenses can Jordan deduct? (Do not round intermediate calculations. Round your final answer to the nearest whole dollar value.) Deduction
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