Aquamarine Corporation, a calendar year C corporation, makes the following donations to qualifie charitable organizations during the current year: Adjusted Basis Fair Market Value
Painting held four years as an investment,
to a church, which sold it immediately $15,000 $25,000
Apple stock held two years as an investment,
to United Way, which sold it immediately 90,000 40,000
Canned groceries held one month as inventory,
to Catholic Meals for the Poor 10,000 17,000
Determine the amount of Aquamarine Corporation's charitable deduction for the current year.

When earning simple interest on money you invest, which statement is true? a. as time goes on and your bank account grows, you earn more interest. b. as time goes on and your bank account grows, you earn less interest. c. as time goes on and your bank account grows, you earn the same amount of interest. d. as time goes on and your bank account grows, you stop earning interest.

At the end of the week, carla receives her paycheck and goes directly to the bank after work to make a deposit into her savings account. the bank keeps the required reserve and then loans out the remaining balance to a qualified borrower named malik as a portion of his small business loan. malik uses the loan to buy a tractor for his construction business and makes small monthly payments to the bank to payback the principal balance plus interest on the loan. the bank profits from a portion of the interest payment received and also passes some of the interest back to carla in the form of an interest payment to her savings account. in this example, the bank is acting

Demand increases by less than supply increases. as a result, (a) equilibrium price will decline and equilibrium quantity will rise. (b) both equilibrium price and quantity will decline. (c) both equilibrium price and quantity will rise