Dino Bardot owns an antique dealership. This past year, he donated inventory to a charity. He had purchased the inventory two months before the donation for $50,000, and on the date of the gift, it had a fair market value of $40,000. What is the highest charitable contribution deduction related to this donation, assuming his AGI was $300,000? a) $0 b) $50,000 c) $40,000 d) $300,000 Audrey made the following contributions last year: * $500 cash to a family in need ' $2,400 cash to a church " $250 cash to a political campaign What is Audrey's maximum allowable charitable contribution if her AGI is $30,000 ? a) $3,150 b) $2,900 c) $2,400 d) $500