h 16 P 16-51 1 Epic Scenes of P.. k Kindle Cloud Reader Ver Daring in the F We're An American acuplacer tess- Saved Book Ask Pont erences Problem 16-51 (LO 16-2) (Algo) In 2021. LAA Incorporated made a charitable donation of $145,500 to the American Red Cross. For the year, LAA reported taxable income of $557,000, which included a $145,500 charitable contribution deduction (before limitation), a $70.500 dividends-received deduction, and a $16.500 net operating loss carryover from year 2020. What is LAA Incorporated's charitable contribution deduction for 2021? Assume the charitable donation is not a qualified contribution because LAA Incorporated. Did not make the necessary election. Charitable contribution deduction for year 11