During the current year, ralph made the following contributions to the university of oregon (a qualified charitable organization):
cash $63,000 stock in raptor, inc. (a publicly traded corporation) 94,500
ralph acquired the stock in raptor, inc., as an investment fourteen months ago at a cost of $42,000. ralph’s agi for the year is $189,000. what is ralph’s charitable contribution deduction for the current year?
a. $56,700
b. $63,000
c. $94,500
d. $157,500
e. none of the above

c. $94,500

Explanation:

Ralph's potential charitable contribution for year is Cash $63,000 and $Stock in Raptor Inc. $94,500.

But allowable contribution for the year is 50% of AGI which is $189,000*50% = $94,500

So Ralph’s charitable contribution deduction for the current year is $94,500

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

now clearing the formula to solve for capital we got:

and we reach the answer investment = $14,174.20

answer: a. the kind of population living in your neighbourhood.

the census explorer data tool by the us census bureau allows the user to zoom in on any neighbourhood within the united states and find the kind of people residing in that by race and age.  

the tool needs to needs to be used twice – once in order to find what type of people reside in a neighbourhood, and then to see the age groups of the people in the same neighbourhood.