[The following information applies to the questions displayed below] Melissa recently paid $695 for round-trip airfare to San Francisco to attend a business conference for three days. Melissa also paid the following expenses: $500 fee to register for the conference, $320 per night for three nights' lodging, $150 for meals in restaurants, and $610 for cab fare. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Leave no answers blank. Enter zero if applicable.) Problem 9-49 Part-c (Algo) c. Suppose that Melissa made the trip to San Francisco primarily to visit the national parks and only attended the business conference as an incidental benefit of being present on the coast at that time. What amount of the airfare can Melissa deduct as a business expense? Answer is complete but not entirely correct. Deductible $ 2,840 amount
[The following information applies to the questions displayed below] Melissa recently paid $695 for round-trip airfare to San Francisco to attend a business conference for three days. Melissa also paid the following expenses: $500 fee to register for the conference, $320 per night for three nights' lodging, $150 for meals in restaurants, and $610 for cab fare. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Leave no answers blank. Enter zero if applicable.) Problem 9-49 Part-c (Algo) c. Suppose that Melissa made the trip to San Francisco primarily to visit the national parks and only attended the business conference as an incidental benefit of being present on the coast at that time. What amount of the airfare can Melissa deduct as a business expense? Answer is complete but not entirely correct. Deductible $ 2,840 amount
Chapter6: Business Expenses
Section: Chapter Questions
Problem 24P
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