instructions : Choose the best multiple choice answer and explain why you chose
ID: 2587664 • Letter: I
Question
instructions : Choose the best multiple choice answer and explain why you chose the answer. MUST provide 2-3 sentence brief explanation and show all work. All sources must be noted.
____ 38. Jayne, who lives in Georgia, volunteered to travel to Alabama in June to work on a home-building project for Good Deeds (a qualified charitable organization). She was in Alabama for three weeks. She normally makes $700 per week as a carpenter’s assistant and plans to deduct $2,100 as a charitable contribution. In addition, she incurred the following costs in connection with the trip: $900 for transportation, $1,100 for lodging, and $300 for meals. What is Jayne’s deduction associated with this charitable activity?
a.
$600.
b.
$4,400.
c.
$2,300.
d.
$2,200.
e.
$3,700.
a.
$600.
b.
$4,400.
c.
$2,300.
d.
$2,200.
e.
$3,700.
Explanation / Answer
Answer:- (c). $2300
Explanation :- The amount of Jayne'so deduction associated with this charitable activity is:-
Transportation +Lodging + Meals + Charitabless Contribution - Income from Carpenter Assistant
= $900 + $1100 +$300 +$2100 -(700×3 weeks)
= $2300
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