The Let's Read organization is a public charity under IRC Sec. 501(c)(3). It had total support of the following: United Way support Grant from the state Grant from the city Contributions from individuals Investment income Revenue from the sale of books $ 10, 200 25,100 10,100 261,200 1,200 12,100 $319,900 Of the $261,200 received from contributors, $240,300 came from four contributors, each of whom gave $60,075; the other $20,900 came from small individual contributions. Required a. Calculate the total amount of support that qualifies as "public support" in meeting the public support test to escape private foundation status. Contributions: Public Support b. Is the organization considered a public charity? Yes O No b. Is the organization considered a public charity? O Yes O No C-1. If the organization had received $201,000 from one individual, and the remaining $60,200 from many small individual contributions, calculate the total amount of support that qualifies as public support" in meeting the public support test to escape private foundation status. Contributions: Public Support C-2. If the organization had received $201,000 from one individual, and the remaining $60,200 from many small individual contributions, would the NFP still be classified the same as in your response to part b? O Yes O No