7) During 2020, Gina (a self-employed marketing consultant) flew from Salt Lake City, Utah to Lima (Peru) on business. Gina flew to Lima on Thursday, took Friday and Saturday to go sightseeing at Machu Pichu, worked on Sunday, Monday, and Tuesday, then spent Wednesday taking a duck boat tour of Lima and the surrounding area. Gina finished her work on Thursday and Friday and flew back home on Saturday morning. Gina incurred the following known costs: Airfare (roundtrip) $3,000 Lodging (9 nights at $200 per day) 1,800 Meals (10 days at $45 per day) 450 Entertainment (sightseeing and Duck Boat Tour) 400 Gina's deductible expenses on his 2020 federal income tax return are?

8. Susan, who has an AGI of $142,000 in 2020, contributes stock worth $265,000 which she owns in Mobb Transportation Corporation (a publicly traded corporation) to the Salvation Army, a qualified charitable organization that is not a private foundation. Susan acquired the stock as an investment four years ago at a cost of $200,000. What is the total amount that Susan can deduct as a charitable contribution on her federal income tax return for 2020, assuming that she makes the election to carry over any disallowed contribution from the current year to future years?

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