Write a research memo in good format $($IRAC$)$ addressing the issues in the attachment. Note that there are two separate issues; both should be addressed. For this project, you should focus more in the process and format of the memo.Use RIA checkpointPrepare a memoRequired informationThere are some things you should research on the RIA checkpoint. Utilize all of your available resources first, and then draft a memo or research memo as though you were writing it for a sophisticated person. Of course, this person will be sophisticated, but write it as though you were writing it for your boss at a CPA firm, who would have some tax knowledge, rather than a client who has none. This way, you can assume that you have a basic level of understanding and that the resources you use are essentially answering the question in the problem. The first thing you should do is say primary sources, not secondary$,$ to the extent that those sources answer the question you should be answering. To do this, watch the videos I gave you about how to conduct tax research and make sure your memo follows the format. You want to start by having a section where you understand the issues at hand and explain how applying the law will help you answer the questions in the statement.Research Assignment # $2$Maple Corp. owns several pieces of highly valued paintings that are on display in the corporation's headquarters. This year, it donated one of the paintings valued at $$100,000($adjusted basis of $$25,000)$ to a local museum for the museum to display. What is the amount of Maple Corp.$\text{'}$s charitable contribution deduction for the painting $($assuming income limitations do not apply$)?$ What would be Maple's deduction if the museum sold the painting one month after it received it from Maple? $($Assume Maple Corp. had prior knowledge of the museum's intention to sell the painting after receiving it$.)$Now prepare the memo using the information above.$$