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In 2013, Jerry pays $8,000 to become a charter member of Mammoth Universitys Athletic Council. The membership ensures that Jerry will receive choice seating at
In 2013, Jerry pays $8,000 to become a charter member of Mammoth Universitys Athletic Council. The
membership ensures that Jerry will receive choice seating at all of Mammoths home basketball games. Also in
2013, Jerry pays $2,200 (the regular retail price) for season tickets for himself and his wife. For these items,
how much qualifies as a charitable contribution?
A.
$6,200.
B.
$6,400.
C.
$8,000.
D.
$10,200.
E.
None of the above
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