Diore Corporation, a designer handbag manufacturer owns vintage designer handbags that it has held for 5 years. tts basis in the handbags is $120,000 and current FMV is $250,000. The corporation donates the handbags to a charitable fashion museum to display. Instead of displaying the handbags, the museum held a private auction show and sold the handbags for $300,000. Assuming there are no taxable income limitations, what is Diore Corporation's charitable deduction? $240,000 $250,000 $120,000 5185,000