Ellie ($200,000 of AGI) is considering giving a painting to a private university (unrelated use), a 50% limit organization. Ellie's mother bought the painting for $10,000 many years ago. When Ellie's mother died, Ellie inherited the painting which was then worth $50,000. It is now worth $100,000. What is the maximum allowable charitable deduction Ellie can take in the current year? $120,000. $10,000. $50,000. $100,000. $60,000