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During the Current Year, Owl Corporation (A C Corporation), a Retailer

Question 50

Multiple Choice

During the current year, Owl Corporation (a C corporation) , a retailer of children's apparel, made the following donations to qualified charitable organizations. During the current year, Owl Corporation (a C corporation) , a retailer of children's apparel, made the following donations to qualified charitable organizations. How much qualifies for the charitable contribution deduction (ignoring the taxable income limitation) ? A) $63,000 B) $65,000 C) $90,500 D) $92,500 E) None of the above How much qualifies for the charitable contribution deduction (ignoring the taxable income limitation) ?


A) $63,000
B) $65,000
C) $90,500
D) $92,500
E) None of the above

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