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Terry Pays $8,000 This Year to Become a Charter Member

Question 95

Multiple Choice

Terry pays $8,000 this year to become a charter member of Mammoth University's Athletic Council.The membership ensures that Terry will receive choice seating at all of Mammoth's home basketball games.In addition,Terry pays $2,200 (the regular retail price) for season tickets for himself and his wife.For these items,how much qualifies as a charitable contribution?


A) $6,200.
B) $6,400.
C) $8,000.
D) $10,200.
E) None of the above.

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