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13. Dorothy donated a valuable painting, recently appraised at $25,000, to her town's civic theater....

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Accounting

13. Dorothy donated a valuable painting, recently appraised at $25,000, to her town's civic theater. Dorothy had purchased the painting many years ago for $11,000. The theater sold the painting to provide funding for its programs. Dorothy's AGI is $100,000. Dorothy will be able to take a charitable deduction in 2021 of

Select one:

a. $10,000.

b. $11,000

c. $25,000.

d. $50,000.

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