In 2014, May Corporation (A Calendar Year Taxpayer) Had the Following

In 2014, May Corporation (a calendar year taxpayer) had the following transactions: Taxable income $4,000,000
Mining exploration costs claimed 1,000,000
Percentage depletion claimed (the property had a zero adjusted basis) 2,400,000
Donation of stock held since 1988 as investment (basis of $100,000
And fair market value of $400,000) to a qualified charity 400,000
Costs of goods sold 960,000
For 2014, May Corporation's AMTI is:

A) $6,300,000.
B) $7,150,000.
C) $7,250,000.
D) $7,300,000.
E) None of the above.