Ken Kerry donates a work of art to a charitable organization. The work has a market value of $$90,000$ and a basis $($to Ken$)$ of $$70,000.$ The charity plans to sell it and use the proceeds to fund its operating costs, including salary, and does, in fact, sell it for $$89,000$ several months after its receipt. What is Ken's correct federal income tax treatment with respect to the donation?

A Contribution of $$20,000($no income recognized$)$

B Contribution of $$70,000($no income recognized$)$

C Contribution of $$89,000($income of $$20,000$ recognized$)$

D Contribution of $$70,000($income of $$20,000$ recognized$)$

E None of the above