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During the 2011 holiday season, Bob, a barber, gave business gifts to 34 customers. The values of the gifts, which were not of a promotional nature,...
During the 2011 holiday season, Bob, a barber, gave business gifts to 34 customers. The values of the gifts, which were not of a promotional nature, were as follows:8 at $10 each8 at $25 each8 at $50 each10 at $100 eachFor 2011, what is the amount of Bob's business gift deduction?