After a business meeting with a prospective client Holly took the client to dinner and the theatre. Holly paid $290 for the meal and $250 for the theatre tickets, amounts that were reasonable under the circumstances. What amount of these expenditures can Holly deduct as a business expense?
a. $540
b. $415
c. $270
d. None unless Holly discussed business with the client during the meal and the entertainment.
e. None - the meals and entertainment are not deductible except during travel.
