3 Required information The following information applies to the questions displa

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3 Required information The following information applies to the questions displayed below Melissa recently paid $875 for round-trip airfare to San Francisco to attend a business conference for three days. Melissa also paid the following expenses: $280 fee to register for the conference, $435 per night for three nights' lodging. $275 for meals, and $235 for cab fare. (Leave no answers blank. Enter zero if applicable.) (Round your answer to the nearest dollar amount.) Part 3 of 4 O/0.13 points awarded Scored 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 eBook Print References s 1,958

Explanation / Answer

Answer

C

The deductible amount would be any business related expenses except or the airfare.So our deductible is $1083 because the main purpose of the trip was personal and not business.$1958- $875 (airfare) = $1083

280+(435*3)+(275*50%)+235 =$1958

D

Amount of these costs can Melissa deduct as business expenses:

Conference Registration-                           $280

Mileage Deduction- (144x$0.565)               $81.36

Parking Fees                                           $166

Total-                                                     $527.36

This is are travel cost that can be deducted.

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