119.) A taxpayer purchased an authentic Kobe Bryant jersey for $700 through a raffle at her church. Is this expense deductible as a charitable contribution on Schedule A?

A) No deduction, because she received a jersey in return for her $700

B) Yes deduction, because the church is registered with the IRS as a 503c organization that is able to accept tax deductible contributions

C) Yes deduction, but only the portion of the $700 that is above the fair market value of the Kobe jersey

D) Yes deduction, but only if the taxpayer is able to sell the jersey for more than she bought it for