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1. If a lawyer agrees to do legal work for an arts organization without remuneration and his or her work is valued at $10,000, how

1. If a lawyer agrees to do legal work for an arts organization without remuneration and his or her work is valued at $10,000, how large of a charitable receipt for income tax purposes should he or she receive? 2. If a famous ballet dancer performs without fee for an arts fundraising event and his or her fee is $10,000, how large of a charitable receipt for income tax purposes should he or she receive? 3. If a wealthy Canadian donates a painting by Picasso valued at $12 million dollars to a Canadian charity, how large of a charitable receipt for income tax purposes should he or she receive? 4. Someone donates $500 cash to an arts charity. How large of a charitable receipt for income tax purposes should he or she receiveimage text in transcribed

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