Solution: $25 (secretary) + $20 (customer) + $6 = $51. $45 b. $51 c. $56 d. $76 b, p.9-16; Example I: Belle, an employee, makes the following gifts,...

Solution: $25 (secretary) + $20 (customer) + $6 = $51. A. $45 b. $51 c. $56 d. $76 b, p. I:9-16; Example I:9-32. Belle, an employee, makes the following gifts, none of which are reimbursed: Belle"s supervisor $30 Belle"s secretary 40 Ned (Belle"s customer) 20 Gift wrapping for Ned"s gift 6 What amount of the gifts is deductible before application of the 2% of AGI floor for miscellaneous itemized deductions? A. $45 b. $51 c. $56 d. $76 b, p. I:9-16; Example I:9-32.