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In 2018, Lambda co has sales of $180,000, cost of sales $50,000 and operaring expenses $20,000. It also made contributions to qualifying charitable organizations of
In 2018, Lambda co has sales of $180,000, cost of sales $50,000 and operaring expenses $20,000. It also made contributions to qualifying charitable organizations of $10,000 in 2018. Determine the charitable contribution deduction for 2018.
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