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Doug incurred and paid the following expenses during the year : $50 for a ticket for running a red light while he was commuting to work $100 for a ticket for parking in a handicapped parking space $200 to an attorney to represent him in traffic court as to the two tickets $500 to an attorney to draft an agreement with a tenant for a one year lease on an apartment that Doug owns $1000 to an attorney to negotiate a reduction in his child support payments $2500 to an attorney to negotiate a reduction in his qualified alimony payments to a former spouse Calculate the amount of Doug's deductible expenses
Financial Statement Analysis and Preparation
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Computation of Free Cash Flow
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