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In 2023, Indiana Jones made the following charitable contributions: Donee Property AGI limit Cost FMV City Hospital Cash 60% $ 20,000 $ 20,000 Salvation Army

In 2023, Indiana Jones made the following charitable contributions:

Donee Property AGI limit Cost FMV

City Hospital Cash 60% $ 20,000 $ 20,000

Salvation Army Clothes 50% $ 4,000 $ 1,500

State University IBM stock 30% $ 15,000 $ 25,000

Determine the maximum amount of charitable deduction for Indiana Joness contribution in 2023, if his AGI is $100,000 this year. You may assume that the stock has been owned for 10 years.

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