Which of the Following Expenses Is/are Deductible

Multiple Choice

Which of the following expenses is/are deductible?
I.Transportation and lodging expenses of $3,000 incurred to monitor state legislation that may affect the taxpayer's business.
II.Lobby expenses of $300 during the year to influence local town legislators to support pro-business legislation.
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A) Only statement I is correct.
B) Only statement II is correct.
C) Both statements are correct.
D) Neither statement is correct.