ACCT 401 DB 2

There will be 4 Group Discussion Board Forums throughout the course.  Groups will be assigned alphabetically based on last name. The purpose  of Group Discussion Board Forums is to generate interaction among  students in regard to relevant current course topics. You are required  to post 1 thread of at least 500 words and 2 replies of at least 250  words each in response to 2 classmates’ threads. For each thread, you  must support your assertions with at least 2 citations other than the  textbook. The Bible must be one of those sources. Everything must be in  current APA format, and citations for the replies are not required but  encouraged.
Your thread is due by 11:59 p.m. (ET) on Thursday of the module/week  in which it is assigned, and your 2 replies are due by 11:59 p.m. (ET)  on Sunday of the same module/week.Question 4: Ken donated a painting to the Hamilton City Art Museum. He  acquired the painting 20 years ago at a cost of $10,000. Ken had the  painting appraised by the owner of a Hamilton art store, a qualified art  appraiser, who estimated its value at $50,000. Ken believed the  painting was worth more than $50,000, so he had it appraised by an art  dealer from Chicago. The Chicago art dealer, also a qualified art  appraiser, appraised the painting at a value of $120,000. Ken itemized  deductions and took a charitable contribution deduction of $120,000. Was  Ken justified in taking a deduction based on the higher appraisal?  Justify your answer.
Approximate price: $22
We value our customers and so we ensure that what we do is 100% original..

With us you are guaranteed of quality work done by our qualified experts.Your information and everything that you do with us is kept completely confidential.You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.The Product ordered is guaranteed to be original. Orders are checked by the most advanced anti-plagiarism software in the market to assure that the Product is 100% original. The Company has a zero tolerance policy for plagiarism.The Free Revision policy is a courtesy service that the Company provides to help ensure Customer’s total satisfaction with the completed Order. To receive free revision the Company requires that the Customer provide the request within fourteen (14) days from the first completion date and within a period of thirty (30) days for dissertations.The Company is committed to protect the privacy of the Customer and it will never resell or share any of Customer’s personal information, including credit card data, with any third party. All the online transactions are processed through the secure and reliable online payment systems.By placing an order with us, you agree to the service we provide. We will endear to do all that it takes to deliver a comprehensive paper as per your requirements. We also count on your cooperation to ensure that we deliver on this mandate.