ParentCo's Separate Taxable Income Was $200,000, and SubCo's Was $50,000

Multiple Choice

ParentCo's separate taxable income was $200,000, and SubCo's was $50,000. Consolidated taxable income before contributions was $200,000. Charitable contributions made by the affiliated group included $60,000 by ParentCo and $10,000 by SubCo. Compute the group's maximum charitable contribution deduction.

A) $70,000
B) $60,000
C) $25,000
D) $20,000