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

Question

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

Quizplus · Accepted Answer

The Answer of 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

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