AUSTRIAN-POLISH 1980 Problem 4

Prove that $\sum \frac{1}{i_1i_2 \ldots i_k} = n$ is taken over all non-empty subsets $\left\{i_1,i_2, \ldots, i_k\right\}$ of $\left\{1,2,\ldots,n\right\}$. (The $k$ is not fixed, so we are summing over all the $2^n-1$ possible nonempty subsets.)