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Maura Makes a Gift of a Van to a Local

Question 15

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Maura makes a gift of a van to a local food bank run by a charity.Maura had used the van in her trade or business.The van has a FMV of $6,500; a cost of $31,000; and $27,000 depreciation claimed.What is the amount of Maura's charitable contribution deduction?


A) $6,500
B) $31,000
C) $4,000
D) $2,500

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