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Millicent Makes a Gift of an Organ to a Church

Question 30

Multiple Choice

Millicent makes a gift of an organ to a church.Millicent uses the organ in her trade or business.The organ has a FMV of $6,500; a cost of $11,000; and $7,000 depreciation claimed.What is the amount of Millicent's charitable contribution deduction?


A) $2,500
B) $4,000
C) $6,500
D) 11,000

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