28. LO.4, 5, 6 Determine whether each of the following transactions is a preference (P), is an...

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28. LO.4, 5, 6 Determine whether each of the following transactions is a preference

(P), is an adjustment (A), or is not applicable (NA) for purposes of the AMT.

a. Depletion in excess of basis.

b. Bargain element of incentive stock option on exercise date.

c. Charitable contributions of cash.

d. State income taxes.

e. Untaxed appreciation on property donated to charity.

f. 2% miscellaneous itemized deductions.

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