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Three Corporation contributes inventory (computers) to State University for use in its mathematics program. The computers have a 5800 cost basis and a 52,100 FMV.
Three Corporation contributes inventory (computers) to State University for use in its mathematics program. The computers have a 5800 cost basis and a 52,100 FMV. How much is Three's charitable contribution deduction for the computers? (Ignore the 10% limit.) (Round your answers to the nearest whole dollar.) Deduction if the property qualifies as scientific research property under Sec. 170(e)(4): Deduction if the property does not qualify as scientific research property
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