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FAST DELIVERY COMPANY HAS A VAN USED IN THE BUSINESS WITH A COST OF 40.000, ADJUSTED BASIS OF 15,000 AND FAIR MARKET VALUE OF 20,000.

FAST DELIVERY COMPANY HAS A VAN USED IN THE BUSINESS WITH A COST OF 40.000, ADJUSTED BASIS OF 15,000 AND FAIR MARKET VALUE OF 20,000. FAST DELIVERY DONATED THE VAN TO STJOHN SCHOOL TO USE TO TRANSPORT STUDENTS. HOW MUCH WILL FAST CHARITABLE CONTRIBUTION BE

15000

17500

20000

40000

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