Charitable Contributions . On May 15 of the current year, the board of directors of Georgia…


Charitable Contributions . On May 15 of the prevalent year, the table of directors of Georgia Corporation originator ized a $40,000 remittance to a competent devotion . The corpora - tion donated the $40,000 to the devotion on December 1 of the prevalent year. It made no other charitab le contr ibutions during the year. Georgia reports the aftercited results for the prevalent year:

a. What equality of char itable contributions is bate ible in the prevalent year? b. How are any increase contr ibutions treated?