Question 4 2 pts Sycamore Inc. donated $50,000 to a qualifying charity. For the year, it reported income of $480,000 before deducting the following: the $50,000 charitable contribution a $100.000 dividends received deduction, and a $20,000 net operating loss carryover. What is Sycamore's charitable contribution deduction? O $31.000 O $48,000 O $50,000 O $46,000 D Question 5 2 pts Pecan Inc. has a $40,000 charitable contribution carryforward from 2020. In 2021, Pecan has (adjusted) taxable income of 300,000. What is the amount and nature of the book-tax difference reported by Pecan related to the charitable contribution carryforward in 2021? (assume the charitable contribution deduction is limited to 10 percent of adjusted taxable income) OSO $30,000 temporary, favorable O $30,000 temporary, unfavorable O $40,000 temporary, favorable