Business, 23.11.2019 03:31 freshysans4
During the current year, ralph made the following contributions to the university of oregon (a qualified charitable organization):
cash $63,000 stock in raptor, inc. (a publicly traded corporation) 94,500
ralph acquired the stock in raptor, inc., as an investment fourteen months ago at a cost of $42,000. ralph’s agi for the year is $189,000. what is ralph’s charitable contribution deduction for the current year?
a. $56,700
b. $63,000
c. $94,500
d. $157,500
e. none of the above
Answers: 2
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During the current year, ralph made the following contributions to the university of oregon (a quali...
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