What is Beth's maximum allowable deduction for the following contributions to qualified public charities during the current year if her adjusted gross income is $90,000? $\begin{array}{lrr}\text { Stock Contributions }&\text { Basis }&\text { Fair Market Value }\
\text { Markum stock acquired in } 1997 & \$ 8,000 & \$ 16,000 \
\text { Dotcom stock acquired in } 1999 & \$ 7,000 & \$ 14,000 \
\text { Ford stock acquired in 2001 } & \$ 1,500 & \$ 3,000
\end{array}$

Question

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Beth can deduct up to 30% of her AGI for contributions of appreciated long-term capital gain property to public charities. Her AGI is $90,000, so 30% is $27,000. The total FMV of the stock contributions is $33,000, but she is limited to $27,000.

What Is Beth's Maximum Allowable Deduction for the Following Contributions