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In the Current Year, Jerry Pays $8,000 to Become a Charter

Question 99

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In the current year, Jerry pays $8,000 to become a charter member of Mammoth University's Athletic Council.The membership ensures that Jerry will receive choice seating at all of Mammoth's home basketball games.Also this year, Jerry pays $2,200 (the regular retail price) for season tickets for himself and his wife.For these items, how much qualifies as a charitable contribution?


A) $0
B) $6,400
C) $8,000
D) $10,200
E) None of these

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