In Yew Co.'s 2004 annual report, Yew described its social awareness expenditures during the year as follows:"The Company contributed $250,000 in cash to youth and educational programs. The Company also gave $140,000 to health and human service organizations, of which $80,000 was contributed by employees through payroll deductions. In addition, consistent with the Company's commitment to the environment, the Company spent $100,000 to redesign product packaging."What amount of the above should be included in Yew's Income Statement as charitable contributions expense? A. $310,000 B. $390,000 C. $410,000 D. $490,000
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