Political Contributions and Lobbying Expenses. Eljay, LLP owns several apartment complexes and office buildings. The...

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Political Contributions and Lobbying Expenses. Eljay, LLP owns several apartment complexes and office buildings. The leasing and management of these buildings constitutes Eljays only business activity. During 2018, Eljay incurred the following: $900 in airfare and lodging for a trip to Washington, D.C. The purpose of the trip was to protest proposed tax rate increases for individuals and corporations. $700 for renting space on billboards along the highway. The billboards express its concern regarding pending legislation that would significantly increase property taxes. $500 in airfare and hotel bills incurred on a trip to the state capital. The purpose of the trip was to meet with the legislative subcommittee on property taxation. $50 for a subscription to a political newsletter published by a national political party. $150 in making a presentation to the county council protesting a proposed increase in the property tax l a. What is the total amount Eljay may deduct because of these expenditures? b. Assume instead that Eljay did not travel to Washington, DC or to the state capital. Costs incurred were for billboard rental ($700), newsletter ($50), and presentation to the county council ($150). What amount may Eljay deduct because of these expenditures?

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