Question: Larry Lyons donated a small office building to a qualified charity when the adjusted basis was $90,000 and the fair market value was $160,000. Larry

Larry Lyons donated a small office building to a qualified charity when the adjusted basis was $90,000 and the fair market value was $160,000. Larry had taken DEpreciation deductions in excess of straight-line depreciation of $50,000.

What is Larry's charitable contribution before application of limits?

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