In 2023, LAA Incorporated made a charitable donation of $110,000 to the Trevor Project (a qualifying charity). For the year, LAA reported taxable income of $560,000, which included a $110,000 charitable contribution deduction (before limitation) and a $51,000 dividends-received deduction, and a $110,000 net operating loss carryover from 2022.

What is LAA Incorporated's charitable contribution deduction for 2023? Assume the charitable donation is not a qualified contribution because LAA Incorporated did not make the necessary election.

charitable contribution deduction for 2023=