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Debbie Inc made the following chartable contributions to the Red Cross in 2020 Shares of Google stockhold for 5 years, fair market value of $1,000,000

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Debbie Inc made the following chartable contributions to the Red Cross in 2020 Shares of Google stockhold for 5 years, fair market value of $1,000,000 and a tax basis of $200,000. A machine to be used by the Red Cross, fair market value $500,000 tax basis of $100.000. The original cost of the machine was $700,000 and depreciation claimed was $400,000 Debbie, Ine's taxable income before the charitable contributio deduction was $20,000,000. (Debbie, Inc had no dividend received deduction of capital loss carryback deduction) What charitable contribution deduction can Debbie, Ine claim on its 2020 tax retum? O A 51.500.000 8. $2.000.000 OC. $1,300,000 OD 5500,000

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