Multiple Choice
During 2012, Ralph made the following contributions to the University of Oregon (a qualified charitable organization) : 
Ralph acquired the stock in Raptor, Inc., as an investment fourteen months ago at a cost of $42,000. Ralph's AGI for 2012 is $189,000. What is Ralph's charitable contribution deduction for 2012?
A) $56,700.
B) $63,000.
C) $94,500.
D) $157,500.
E) None of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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