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Stewart had adjusted gross income of $24,000 in 2014. during the year, he made the following contributions to qualified charities: 1) $8,000 cash2) 1,000 shares of able corporation common stock, acquired in 1979 (cost and fair market value of $7,000)considering the charitable contribution deduction limitation, what amount can stewart claim as a deduction for charitable contributions in 2014? a. $7,200b. $8,000c. $12,000d. $15,000e. none of the above
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