Exercise 9-18 (Algorithmic) (LO. 5) In 2020, the CEO of Crimson, Inc., entertains 7 clients at a skybox in Memorial Stadium for a single athletic event during the year. Substantive business...

Exercise 9-18 (Algorithmic) (LO. 5) In 2020, the CEO of Crimson, Inc., entertains 7 clients at a skybox in Memorial Stadium for a single athletic event during the year. Substantive business discussions occurred at various times during the event. The box cost $14,550 per event and seats 9 people. (The cost of a regular, nonluxury box seat at Memorial ranges from $55 to $110.) Refreshments served during the event cost $1,070 (and were separately itemized on the bill Crimson received). How much of these costs may Crimson deduct? $fill in the blank 1 385