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Debble, Inc made the following charitable contributions to the Red Cross in 2020. Shares of Google stock held for 5 years, fair market value of

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Debble, Inc made the following charitable contributions to the Red Cross in 2020. Shares of Google stock held for 5 years, fair market value of $1,000,000 and tax basis of $200,000. A machine to be used by the Red Cross, finir market value o $500,000, tax basis of $300,000. The original cost of the machine was $700,000 and depreciation claimed was $400.000 Debble, Ine's taxable income before the charitable contribution deduction was $20,000,000. (Debbie, Ine had no dividend received deduction or capital fons caryback deduction) What charitable contribution deduction can Debbie, Inc claim on its 2020 tax retur? O A $1,300,000 OB. 51,500,000 OG $2,000,000 OD $500,000

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