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8. A corporation that sells clothing donates some of its inventory to the Salvation Army. The company's basis was $10,000 and the value of the

8. A corporation that sells clothing donates some of its inventory to the Salvation Army. The company's basis was $10,000 and the value of the inventory was $16,000. (a) How much of a donation is it treated as having made? (b) Suppose the basis in the inventory was only $4,000 (and the value is still $16,000)- what's your answer then? 9. (a) A corporation has $25,000 of income from its business operations, $20,000 of net capital gains, and $5,000 of dividend income. If it contributes $25,000 to charity, what's it charitable deduction? What's its ("real") taxable income? (b) How do your answers to (a) change if the corp has a $4,000 net operating loss from a prior year carried forward into this one

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