Carl is the president of Carlton Corporation. He spends three days testifying before Congress on the impact that proposed legislation has on his industry. In his testimony he states that if the...

Carl is the president of Carlton Corporation. He spends three days testifying before Congress on the impact that proposed legislation has on his industry. In his testimony he states that if the legislation passes, he will have to lay off 20 percent of his workforce. He spent $1,000 for airfare, $700 for the hotel, and $310 for meals.