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Sanchez incurred the following items: Business income, exclusive of the following items $ 8 0 , 0 0 0 Tax - exempt interest income 4

Sanchez incurred the following items:
Business income, exclusive of the following items $80,000
Tax-exempt interest income 40,000
Payment to charity from 2023 Sanchez gross income, paid 3/1/202420,000
Complete the following chart, indicating the 2023 charitable contributions deduction under the various assumptions. If an amount is zero, enter "0". Do not round any division. If required, round your final answer to the nearest dollar.
Assumption 2023 Deduction
for Contribution
Sanchez is a cash basis individual. $fill in the blank 1
0
Sanchez is an accrual basis corporation. $fill in the blank 2
8,000
Sanchez is a trust. $

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