For the following, determine the amount of the allowable charitable deduction. Be sure to show any necessary calculations and provide explanations of how you determined the deductible amount.

	Margaret has adjusted gross income of $40,000. She made the following contributions to qualified charities:
		Property Given	Basis	Fair Market Value
		Household Furniture	$8,000	$3,000
		Inventory from her retail store	6,000	10,000
		GE stock (purchased in 1978)	2,000	20,000