In 2022, LAA Incorporated made a charitable donation of $118,000 to the Trevor Project (a qualifying charity). For the year, LAA reported taxable income of $568,000, which included a $118,000 charitable contribution deduction (before limitation) and a $51,800 dividends-received deduction. What is LAA Incorporated's charitable contribution deduction for 20227 Assume the charitable donation is not a qualified contribution because LAA Incorporated did not make the necessary election Chantable contribution deduction for 2022