Gaudy Gift Gallery Corporation (owned 100 percent by Barbara

| April 14, 2018

Gaudy Gift Gallery Corporation (owned 100 percent by Barbara) operates a gift shop. Barbara employs her daughter, Jenny, after school and on weekends. Other employees with similar responsibilities are paid $7 per hour while Jenny is paid $15 per hour. Jenny earned $15,000 in the current year from the store. Is Jenny’s salary fully deductible by the corporation? Explain.

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