Discussion Question 3-12 (LO. 1, 6) The board of directors of Orange Corporation, a calendar year taxpayer, is holding its year-end meeting December 28,2022 . One topic on the board's agenda is the approval of a $25,000gift to a qualified cha organization. Orange has a $20,000 charitable contribution carryover to 2022 from a prior year. Classify each of the following as a "Tax issue" or "Not a tax issue" for the board to consider regarding th proposed contribution. a. Is Orange an accrual method taxpayer, and if so, will the contribution be made by April 15, 2023, so as to obtain a deduction in 2022 ? b. Will the contribution consist of property or of cash? c. If the contribution consists of property, what is the character of the property (capital gain or ordinary income property) and the amount of the contribution deduction? d. What was last year's taxable income limitation on the deductibility of charitable contributions? e. When does the charitable contribution carryover period expire? f. If the sum of the current year's contribution plus the carryover amount exceeds the taxable income limitation, should the current year's gift be deferred to the subsequent tax year