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Nick Made the Following Contributions This Year to the University

Question 27

Multiple Choice

Nick made the following contributions this year to the University of the West: Nick made the following contributions this year to the University of the West:   Nick acquired the stock in Palm Corporation as an investment two years ago at a cost of $56,000.Nick's current AGI is $252,000.What is Nick's current charitable contribution deduction? A) $75,600. B) $84,000. C) $126,000. D) $210,000. E) None of the above. Nick acquired the stock in Palm Corporation as an investment two years ago at a cost of $56,000.Nick's current AGI is $252,000.What is Nick's current charitable contribution deduction?


A) $75,600.
B) $84,000.
C) $126,000.
D) $210,000.
E) None of the above.

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