Star Corporation (a C corporation), a retailer of women's apparel, made the following donations to qualified charitable organizations this year.

			Adjusted Basis	Fair Market Value
Men's clothing held as inventory, to Community Helping Place			$7,100	$10,500
Stock in Corporation acquired two years ago and held as an investment, to University			$4,200	$1,400
Land acquired four years ago and held as an investment, to the Red Cross			$56,000	$75,000

How much qualifies for the charitable contribution deduction (ignoring the taxable income limitation)?

$64,500
	$88,000
	$85,200
	$67,300
	None of these.