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During 2012, Ralph Made the Following Contributions to the University

Question 86

Multiple Choice

During 2012, Ralph made the following contributions to the University of Oregon (a qualified charitable organization) : 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. 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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