Besar Lid was charged K1,500 by its accountant for completing a due diligence exercise for the purpose of acquiring a competitor Kecil Lid and K1,000 for tax advice on the acquisition. In addition, a sum of K3,500 was paid by Besar Lid to the accountant which included K500 for acting as a tax agent and K3,000 for fees. What is the total deduction allowable to Besar for the above payments?
A. K3,500
B. K4,500
C. K5,000



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