What is total amount of business expenses

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A sole proprietorship owned by Jan had the following in the current year: Total cost of identical annual gifts given to the top 20 clients. $550 Receivable for prior-year purchase from a company who declared bankruptcy in the current year. $2,500 Lodging costs incurred by Jan while traveling to clients $3000 Meal costs incurred by Jan only while traveling to and from client sites $1500 Meal costs incurred by Jan while entertaining business clients with some business-related discussions $3000. What is the total amount of business expenses that Jan can deduct on Schedule C of the current year's tax return.

Reference no: EM133351778

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