assume the tax rate for all c-corporations is 21%.

Question 6 2.5 pts For 2020, Garden Corporation has 800.000 of gross profit from its sales and $410.000 of operating expenses. Garden makes $90,000 of cash charitable contributions during 2020 (not included in the other amounts). How much of these contributions can it deduct for 2020? (Note that this is for 2020. 10. 25%) $75.000 $97,500 $22.500 $90.000