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28. David purchased investment realty several years ago for $49,000. He contributed it to the United Way to use as the site for its new

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28. David purchased investment realty several years ago for $49,000. He contributed it to the United Way to use as the site for its new local headquarters. The realty has a value of $52,000 on the contribution date, and David's AGI is $100,000. David makes no special election regarding the contribution. David's current year contribution deduction is: O $ 15,000 $ 49,000 O $ 50,000 O $ 30,000

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