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Business, 08.04.2020 00:55 levicorey846

During the current year, Ralph made the following contributions to the University of Oregon (a qualified charitable organization):Cash $63,000Stock in Raptor, Inc. (a publicly traded corporation) 94,500Ralph acquired the stock in Raptor as an investment 14 months ago at a cost of $42,000. Ralph's AGI for the year is $189,000. What is his charitable contribution deduction for the current year?a. $56,700b. $157,500c. $94,500d. $63,000e. None of these choices are correct.

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