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In 2022, LAA Incorporated made a charitable donation of $102,000 to the Trevor Project (a...

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Accounting

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In 2022, LAA Incorporated made a charitable donation of $102,000 to the Trevor Project (a qualifying charity). For the year, LAA reported taxable income of $552,000, which included a $102,000 charitable contribution deduction (before limitation) and a $50.200 dividends-recelved deduction. What is LAA Incorporated's charitable contribution deduction for 2022? Assume the charitable donation is not a qualified contribution because LAA incorporated did not make the necessary election

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