In year 1 (the current year), LAA Inc. made a charitable donation of $141,000 to the American Red Cross (a qualifying charity). For the year, LAA reported taxable income of $639,000, which included a $141,000 charitable contribution deduction (before limitation), a $57,000 dividends received deduction, and a $20,400 net operating loss carryover from year 0.

What is LAA Inc.s charitable contribution deduction for year 1?