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| In 2013, Cable Corp., a calendar-year C corporation, contributed $80,000 to a qualifi ed charitable organization. Cable’s 2013 taxable income before the deduction for charitable contributions was $820,000 after a $40,000 dividends received deduction. Cable also had carryover contributions of $10,000 from the prior year. In 2013, what amount can Cable deduct as charitable contributions? A. $90,000 B. $86,000 C. $82,000 D. $80,000 |
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