Question - In March of 2015, Thomas makes a $5,000 cash contribution to a public university. In that month, he also donates $20,000 to an organization subject to the 30 percent limitation. Thomas has adjusted gross income for 2015 of $35,000. What is the amount of Thomas's 2015 charitable contribution deduction? (show work)
a. $5,000
b. $23,000
c. $10,500
d. $15,500
e. None of the above