Problem related to qualifying charitable contribution

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Reference no: EM13142541

Terry pays $8,000 this year to become a charter member of Mammoth University's Athletic Council. The membership ensures that Terry will receive choice seating at all of Mammoth's home basketball games. In addition, Terry pays $2,200 (the regular retail price) for season tickets for himself and his wife. For these items, how much qualifies as a charitable contribution?

A) $6,200.

B) $6,400.

C) $8,000.

D) $10,200.

E) None of the above.

Reference no: EM13142541

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