Problem $5-51($LO $5-2)($Algo$)$

In $2024,$ LAA Incorporated made a charitable donation of $$104,000$ to the Trevor Project $($a qualifying charity$).$ For the year, LAA

reported taxable income of $$554,000,$ which included a $$104,000$ charitable contribution deduction $($before limitation$)$ and a $$50,400$

dividends$-$received deduction, and a $$11,600$ net operating loss carryover from $2023.$

What is LAA Incorporated's charitable contribution deduction for $2024?$

Charitable contribution deduction for $2024$