In December 2016,Swallow Company's board authorizes a cash donation of $60,000 to the Hamilton County School District.The amount authorized is paid to the county in two $30,000 amounts in January and May 2017.Presuming a calendar year and accrual method taxpayer,when is the charitable contribution deduction available if Swallow Company is a:
a.Partnership?
b.C (regular)corporation?
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