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What is amount of maple charitable contribution deduction

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Question - Maple Corp. owns several pieces of highly valued paintings that are on display in the corporation's headquarters. This year, it donated one of the paintings valued at $100,000 (adjusted basis of $25,000) to a local museum for the museum to display. What is the amount of Maple Corp.'s charitable contribution deduction for the painting (assuming income limitations do not apply)?

Reference no: EM133063156

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