need help with d.

Problem 10-34 (Algorithmic) ( LO. 6,8) Ramon had AGl of \$124,000 in 2023. He is considering making a charitable contribution this year to the American Heart Association, a qualified charitable organization. Determine the current allowable charitable contribution deduction in each of the following independent situations, and indicate the treatment for any amount that is not deductible currently. Identify any planning ideas to minimize Ramon's tax liability. a. A cash gitt of $62,000. In the current year, Ramon may deduct 1 since his charitable contribution is limited to 9 Feedsack 7 Oreak My Won A charitable contribution is defined as a gift made to a qualified organization. The potential charitable contribution deduction is the total of alf donations, both money and broperty, that qualify for the deduction. b. A gift of OakCo stock worth $62,000 on the contribution date. Ramon had acquired the stock as an investment two years ago at a cost of 555,800 . The stock's value for determining the contribution is 1 . The deduction for 2023 is 1 The remaining 1 for years. d. Ramon has decided to make a cash gift to the American Heart Association of $86,800. However, he is considering delaying his gift until the following year when his AGI will increase to $300,000 and he will be in the 32% income tax bracket, an increase from his 2023 income tax bracket of 24%. Assume a 6% discount rate. The present value factors, at a 6% discount rate, are as follows: If required, round your final answers to the nearest dollar. Ramon asks you to determine the tax savings from the tax deduction in present value terms if he were to make the girt this year, rather than delay the gift until next year. Total present value of tax savings from the tax deduction if made this year: $ Total present value of tax savings from the tax deduction if made next year: 1