OPINION
SIMPSON, Judge:
The respondent determined a deficiency of $28,142.40 in the Federal income tax of the petitioner for the year 1969. The only issue for decision is whether the petitioner, an accrual method taxpayer, is entitled to a deduction in the year 1969 for certain charitable contributions authorized by its board of directors in such year and actually paid within 2½ months after the close of such year.
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