Owl Corporation (a C corporation), a retailer of children's apparel, made the following donations to qualified charitable organizations this year. 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 these.

Question

Owl Corporation (a C corporation), a retailer of children's apparel, made the following donations to qualified charitable organizations this year.  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 these.

Quizplus · Accepted Answer

The Answer of Owl Corporation (a C corporation), a retailer of children's apparel, made the following donations to qualified charitable organizations this year.  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 these.

Owl Corporation (A C Corporation), a Retailer of Children's Apparel