Tapper Corp., an accrual basis calendar year corporation, was organized on January 2, year 1. During year 1, revenue was exclusively from sales proceeds and interest income. The following information pertains to Tapper: Taxable income before charitable contributions for the year ended December 31, year 1 $500,000 Tapper's matching contribution to employee-designated qualified universities made during year 1 10,000 Board of Directors' authorized contribution to a qualified charity (authorized December 1, year 1, made February 1, year 2) 30,000 What is the maximum allowable deduction that Tapper may take as a charitable contribution on its tax return for the year ended December 31, year 1