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( a ) Monroe Corporation has the following income and expenses for 2 0 2 3 : Operating income 6 2 , 0 0 0

(a) Monroe Corporation has the following income and expenses for 2023:
Operating income 62,000
Dividend income 28,000
Operating expenses (22,000)
Charitable contribution (10,000)
How much of the charitable contribution can Monroe take this year?
2
(b) Suppose instead, that Monroe Corporation has the following income and expenses for 2023:
Operating income 92,000
Operating expenses (30,000)
Charitable contribution (3,000)
Carryover charitable contribution from 2019(9,000)
How much of Monroes charitable contribution deduction for 2023 comes from:
The 2019 contribution: _________________________?
The 2023 contribution: _________________________?

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