Gray Is a Calendar Year Taxpayer

Gray is a calendar year taxpayer.In early December 2012,Gray's Board of Directors authorizes a pledge of an $80,000 donation to the Red Cross to help provide food and shelter to victims of natural disasters.The donation is paid as follows: $10,000 in late December 2012,$40,000 in February 2013,and $30,000 in early April 2013.Disregarding percentage limitations,the maximum deduction for 2012 is:

A) $80,000 if Gray is an accrual basis individual.
B) $50,000 if Gray is an accrual basis corporation.
C) $50,000 if Gray is a cash basis corporation.
D) $50,000 if Gray is an accrual basis individual.
E) None of the above.