#9 Uss and the amounts she can itemize on he Sach to allocating property...
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Accounting
#9
Uss and the amounts she can itemize on he Sach to allocating property taxes and interest. in part (a) differ using the IRS's method of allocating prop Vella owns and operates an illegal gambling establishment. In connection with t he has the following expenses during the year: 9. Rent Bribes Travel Expenses Utilities Wages Payroll Taxes Property Insurance illegal kickbacks $ 24,000 40,000 4,000 18,000 230,000 13,800 1,600 22,000 What are Vella's total deductible expenses for tax purposes? EXTRA CREDIT Answer 1 of the 5 unanswered problems from 1-9. Indicate it is for EXTRA CREDIT
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