George, age 63, gives $500,000 to the Salvation Army in exchange for a lifetime annuity valued at $160,233. His adjusted basis in the property is $300,000. George died two years after the transfer and the property was valued at $530,000. What was George's charitable income tax deduction (ignore AGI limits)?

		$439,767
		$149,767
		$320,000
		$339,767