Witte Corporation Reported the Following Results for the Current Year

Multiple Choice

Witte Corporation reported the following results for the current year: $\begin{array}{|l|r|}\hline\text { Taxable income before the dividends-received deduction }\\\text { and before the charitable contributions deduction } & \$ 160,000 \\\hline \text { Dividends-received deduction } & 10,000 \\\hline \text { Charitable contributions } & 30,000\\\hline\end{array}$ What is the amount of the charitable contribution carryover to next year?

A) $0
B) $14,000
C) $16,000
D) $30,000