The policing of fraudulent advertising is entrusted to which of the following administrative agencies?

A high rate of inventory turnover indicates ease in selling inventory

Indicate whether the statement is true or false

Alex and Myra Burg, married and filing joint income tax returns, derive their entire income from the operation of their retail candy shop. Their 2016 adjusted gross income was $50,000. The Burgs itemized their deductions on Schedule A for 2016. The following unreimbursed cash expenditures were among those made by the Burgs during 2016: State income tax-$1,200 Self-employment tax-7,650 What amount should the Burgs deduct for taxes in their itemized deductions on Schedule A for 2016?

a) $5,025 b) $7,650 c) $3,825 d) $1,200