inhee purchased a ticket to a concert to raise money for the local university. The ticket...
inhee purchased a ticket to a concert to raise money for the
local university. The ticket cost $435, but the normal cost of a
ticket to this concert is $120. How much is deductible as a
charitable contribution?
Homework Answers
Answer Amount of charitable deduction = Purchase price - cost of ticket
= $435 - $120
= $315
Add Answer to:
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