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8. Larry recorded the following donations this year: $500 cash to a family in need $2,400 to a church $500 cash to a political campaign

8. Larry recorded the following donations this year: $500 cash to a family in need $2,400 to a church $500 cash to a political campaign To the Salvation Army household items that originally cost $1,200 but are worth $300. What is Larry's maximum allowable charitable contribution if his AGI is $60,000?

A. $2,900

B. $1,000

C. $2,700

D. $4,600

E. None of these

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