Andrew volunteered for the American Red Cross after a recent hurricane. He traveled 200 miles and helped the victims of the disaster in the clean up for five days. He also donated $1,500 to the American Red Cross, but charged the amount of the donation on his credit card. He plans to pay $300 plus interest each month on the credit card charge, so he will pay $900 of the $1,500 charge by the end of the year. What amounts will Andrew be able to deduct for his charitable contributions

1.

Mileage for the 200 miles he drove to the ravaged area

2.$1,500 charged to the credit card during the year

3.The cost of lodging while he is volunteering

Explanation:

B) Mileage for the 200 miles he drove to the ravaged area

C) $1,500 charged to the credit card during the year

E) The cost of lodging while he is volunteering

Explanation:

The IRS allows Andrew to claim a deduction on most of their travelling expenses as long as they do not include personal pleasure or recreational activities.

consumer credit. an advantage is that it allows consumers to afford expensive goods and services now, increasing their standard of living. however, a disadvantage is that it creates a trap for debt, if people do not have self control, they may see themselves filing personal bankruptcy.

riley- $3

sean- $4

jake- $8

riley has the absolute advantage.