41. LO.2 On December 6, 2013, Kestrel Company (a calendar year taxpayer) authorizes a cash donation of $40,000 to the Memphis Public Library. The pledge is carried out as follows: $10,000 on December 13, 2013; $25,000 on February 14, 2014; and $5,000 on April 12, 2014. What are the alternatives for the year of the charitable contribution deduction if Kestrel is:

a. An accrual basis partnership?

b. An accrual basis C corporation?

c. What is the result under parts

(a) and

(b) if Kestrel is a cash basis taxpayer?