Identify Which of the Following Statements Is True

Identify which of the following statements is true.

A) When a corporation donates appreciated capital gain property to a charity, the amount of the contribution deduction generally equals the property's FMV.
B) When a corporation contributes appreciated property to a charity, the charitable contribution deduction is the property's FMV or adjusted basis, depending on the election made by the taxpayer.
C) When a corporation donates appreciated capital gain property to a private nonoperating foundation, the corporation's contribution is limited to the property's FMV minus the ordinary gain that would have resulted from the property's sale.
D) All of the above are false.