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

Question 72

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 $9,000 in cash (not included in any of the above items) .Determine Kingbird's charitable contribution deduction for the current year. A) $9,000. B) $7,500. C) $6,650. D) $6,450. E) None of the above. On October 1,Kingbird Corporation made a contribution to a qualified charitable organization of $9,000 in cash (not included in any of the above items) .Determine Kingbird's charitable contribution deduction for the current year.


A) $9,000.
B) $7,500.
C) $6,650.
D) $6,450.
E) None of the above.

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