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During the Current Year, Kingbird Corporation (A Calendar Year C

Question 19

Multiple Choice

During the current year, Kingbird Corporation (a calendar year C corporation) had the following income and expenses: During the current year, Kingbird Corporation (a calendar year C corporation) had the following income and expenses: On October 1, Kingbird Corporation made a contribution to a qualified charitable organization of $9,000 in cash (not included in any of the above items) . Determine Kingbird's charitable contribution deduction for the current year. A) $9,000 B) $7,500 C) $6,650 D) $6,450 E) None of the above On October 1, Kingbird Corporation made a contribution to a qualified charitable organization of $9,000 in cash (not included in any of the above items) . Determine Kingbird's charitable contribution deduction for the current year.


A) $9,000
B) $7,500
C) $6,650
D) $6,450
E) None of the above

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