Matilda, a calendar year taxpayer, made the following donations to qualified charitable organizations during the year: Basis Fair Market Value Cash donation to State University $30,000 $ 30,000 Unimproved land to the City of Terre Haute, IN 70,000 210,000 The land had been held as an investment and was acquired four years ago. Shortly after receipt, the City of Terre Haute sold the land for $210,000. Matilda's AGI is $450,000. The allowable charitable contribution deduction this year is: a.$240,000. b.$100,000. c.$165,000. d.$225,000.