During the Year, Soup Corporation Contributes Some of Its Inventory

question 18

Essay

During the year, Soup Corporation contributes some of its inventory to a qualified charity for use in feeding the needy. The inventory has an FMV of $85,000 and an adjusted basis of $25,000. What is the amount of Soup Corporation's charitable contribution deduction for the donation of the inventory as determined without regard to the overall charitable contribution limitation?

---

Definitions:

Urophilia

A sexual fetish focused on urine or urination practices, where individuals may derive pleasure from watching, smelling, or being urinated upon.

Domination and Submission

A form of sexual expression or lifestyle where participants engage in roles of dominance and submission, often involving power exchange and consensual control.

Power

The capacity or ability to direct or influence the behavior of others or the course of events.

Pain

A distressing feeling and emotional response linked to real or possible harm to body tissues, or expressed as if such harm has occurred.