During the current year, Kingbird Corporation (a calendar year C corporation) had the following income and expenses:
On October 1, Kingbird Corporation made a contribution to a qualified charitable organization of $9,000 in cash (not included in any of the above items). Determine Kingbird's charitable contribution deduction for the current year.
a. $9,000.
b. $7,500.
c. $6,650.
d. $6,450.
e. None of the above.
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