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Express Catering contributed $8,000 to the American Lung Association.If taxable income, before charitable contribution is $33,300, what is the book-tax adjustment and the charitable contribution

Express Catering contributed $8,000 to the American Lung Association.If taxable income, before charitable contribution is $33,300, what is the book-tax adjustment and the charitable contribution allowed for Taxable Income?

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  • Book-Tax-Adjustment: $4,670
  • Taxable Income Charitable Amount: $8,000
  • Book-Tax-Adjustment: $4,670
  • Taxable Income Charitable Amount: $3,300
  • Book-Tax-Adjustment: $3,000
  • Taxable Income Charitable Amount: $4,670
  • Book-Tax-Adjustment: $8,000
  • Taxable Income Charitable Amount: $4,670

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