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

Question 49

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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