Fast Delivery Company has a van used in the business with a cost of $40,000, an adjusted basis of $15,000, and an FMV of $20,000. If the van were sold, Fast Delivery would recognize ordinary income. Instead, Fast Delivery donated the van to St. John's School St. John's will be using this vehicle to transport students. Assuming that the necessary paperwork is provided, how much will Fast's charitable contribution be? A $15,000 B $17,500 C $20,000 $40,000