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

Question 36

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 $6,300 in cash (not included in any of the above items) . Determine Kingbird's charitable contribution deduction for the current year. A)  $0. B)  $4,230. C)  $4,500. D)  $6,300. E)  None of the above. On October 1, Kingbird Corporation made a contribution to a qualified charitable organization of $6,300 in cash (not included in any of the above items) . Determine Kingbird's charitable contribution deduction for the current year.


A) $0.
B) $4,230.
C) $4,500.
D) $6,300.
E) None of the above.

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