Question: Zero Corporation contributes inventory (computers) to State University for use in its mathematics program. The computers have a $1,225 cost basis and an $2,800 FMV.

Zero contributes inventory (computers) to State University for use in its mathematics program. The computers have a $1,225 cost basis and an $2,800 FMV. How much is Zero’s charitable contribution deduction for the computers? (Ignore the 10% limit.)

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