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Calculate Acme total deductions for the above expenses

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Question - Acme Corporation had the following expenses:

1. 1,000 pads of paper embossed with the company logo to hand out at the Big Time Convention - $700

2. Display racks to use at the convention center - $200

3. An all-expense vacation for Susie's 25 years of service awarded under a qualified plan - $2,500

4. A golden cone to recognize Wayne's on the job safety record - $320

Acme has a qualified plan for the job awards. Calculate Acme's total deductions for the above expenses.

Reference no: EM132411941

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