FAY, Judge:
Respondent determined deficiencies in petitioner's Federal income taxes for the calendar years 1955, 1956, and 1957 in the amounts of $45,361.77, $21,530.34, and $25,880.71, respectively.
The only issue remaining for decision is the determination of the proper amount of petitioner's deductions for 1957, 1958, and 1959 with respect to certain television film contracts.
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