Michael makes annual payments of $675 for membership in his alma mater's athletic scholarship program. In return, the university gives him the right but not the obligation to purchase lacrosse tickets for their season games held on the university's newly renovated sports complex. The costs of complex was $5,000,000. On his federal tax return, Michael.

Select one:

a. can deduct only $135 of the total cost of membership, and may also deduct up to 80% of the cost of any tickets purchased.

b. can expect to deduct $540 as a charitable contribution.

c. can expect to deduct 80% of the cost of annual dues plus 20% of the cost of any tickets purchases

d. can not deduct more than 50% of the costs of annual membership if any part of the renovation complex cost was financed through municipal revenue.