Carol contributes a painting to a local museum for display.Her AGI is $60,000.Carol paid $22,000 for the painting in 2006,but its market value at the date of the contribution is $25,000.With no special elections,Carol's deductible contribution this year is
A)$7,000.
B)$18,000.
C)$22,000.
D)$25,000.

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The Answer of Carol contributes a painting to a local museum for display.Her AGI is $60,000.Carol paid $22,000 for the painting in 2006,but its market value at the date of the contribution is $25,000.With no special elections,Carol's deductible contribution this year is
A)$7,000.
B)$18,000.
C)$22,000.
D)$25,000.

Carol Contributes a Painting to a Local Museum for Display