The Income Statement of the ABC Corporation, for the taxable year ended December 31, 20X2, prepared on a tax basis, presents the following results: ABC Corporation Statement of Income and Expenses (Tax Base) For the year ended December 31, 20X2 Income - $ 1,200,000 Cost of sale - (700,000) Gross margin - 500,000 Salaries - (130,000) Other operational expenses -(270,000) Net income - $ 100,000 In taxable year 20X1, the corporation made a donation of $ 25,000 from which it was only able to deduct $ 17,000. Determine the deduction for donations that the XYZ Corporation may claim in taxable year 20X2. a. $ 0 b. $ 8,000 c. $ 25,000 d.$ 10,000