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In 2020, PCC donated a total of $700,000 of cash to the American Red Cross. PCCs taxable income before the charitable contribution deduction, NOL carryover

In 2020, PCC donated a total of $700,000 of cash to the American Red Cross. PCCs taxable income before the charitable contribution deduction, NOL carryover ($24,000), and DRD ($15,000) was $6,287,000. What is PCCs charitable contribution deduction for the year? What is its charitable contribution carryover to next year, if any?

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