Patrick's Records for the Current Year Contain the Following Information

question 70

Multiple Choice

Patrick's records for the current year contain the following information: -He donated stock having a fair market value of $5,000 to a qualified charitable organization.Patrick acquired the stock two years ago at a cost of $3,000.
-He donated 20 hours of his time as a professional plumber to a qualified charitable organization.He bills his time to his customers at $50 per hour.
-He also donated $7,500 cash to a qualified charitable organization.
Patrick's adjusted gross income for the year is $100,000.What is the amount of his charitable contribution deduction?

• A)$10,500
• B)$11,500
• C)$12,500
• D)$13,500

Understand the basic mechanisms of inhalation and exhalation in mammals.

Comprehend the structure and function of human respiratory systems and comparative respiratory systems in other animals.

Recognize the importance of gas exchange in the respiratory process.

Identify the role and mechanisms of hemoglobin in oxygen transport.