During 2012,Ralph Made the Following Contributions to the University of Oregon

question 76

Multiple Choice

During 2012,Ralph made the following contributions to the University of Oregon (a qualified charitable organization) : Ralph acquired the stock in Raptor,Inc.,as an investment fourteen months ago at a cost of $42,000.Ralph's AGI for 2012 is $189,000.What is Ralph's charitable contribution deduction for 2012?

• A) $56,700.
• B) $63,000.
• C) $94,500.
• D) $157,500.
• E) None of the above.

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