Grocer Services Corporation (a calendar year taxpayer), a wholesale distributor of food, made the following donations to qualified charitable organizations during the year:
Adjusted Basis Fair Market Value
Food (held as inventory) donated to the Ohio
Children's Shelter $3,500 $8,000
Passenger van to Ohio Children's Shelter, to be used to
transport children to school 7,500 7,100
Stock in Acme Corporation acquired 7 months ago and held as an investment, donated to Southwest University 4,000 6,200
How much qualifies for the charitable contribution deduction?
a) $15,000.
b) $16,850.
c) $17,250.
d) $19,450.