Whi Pect or incorrect for the work you have completed so far. It does not indicate completion. Return to que Required information The following information applies to the questions displayed below) Golf Corp. (GC), a calendar-year accrual-method corporation, held its directors' meeting on December 15 of year 1. During the meeting the board of directors authorized GC to pay a $75,000 charitable contribution to the World Golf Foundation, a qualifying charity (For all requirements, leave no answer blank. Enter zero if applicable and select "Not applicable" # no effect.) d. If GC actually pays $50,000 of this contribution on January 15 of year 2 and the remaining $25,000 on May 15 of year 2. what book tax difference will GC report in year 2 (assuming the 10 percent limitation does not apply)? Is it favorable or unfavorable? Answer is not complete. Favorable Book tax Difference Unfavorable Favorable or Year arch o ca M