Pat,an Insurance Executive,contributed $1,000,000 to the Reelection Campaign of Governor

question 107

Multiple Choice

Pat,an insurance executive,contributed $1,000,000 to the reelection campaign of Governor Stephens,in hopes that Stephens will appoint her to a coveted position on the State Board of Insurance.How much of the contribution can Pat deduct?

• A)$0
• B)$100,000
• C)$500,000
• D)$1,000,000

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A U.S. state located in the southwestern region of the country, known for its desert climate, the Grand Canyon, and diverse landscapes.

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