If you Donate $50 to your local public library (as a result you do not need to pay membership fees of $20 that year to borrow books from the library) then the $50 donation m Select one a. Can be deducted as General Deduction b. Nat deductible c. Can be deducted as Specific Deduction d Only $20 can be claimed as a deduction tion 14 yet ered ed out of 29 A holiday house that you own at North Beach is: Select one: Oa. Capital Gain Asset O on b. Personal use asset c. None of the above Od. Collectable Capital Gain equal to Select one: O a. Capital proceeds plus cost base Ob. Capital proceeds plus General Deductions Oc. Capital proceeds minus General Deductions Od. Capital proceeds minus cost base