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16 1 of 5 Required information [The following information applies to the questions displayed below) Calvin reviewed his canceled checks and receipts this year for

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16 1 of 5 Required information [The following information applies to the questions displayed below) Calvin reviewed his canceled checks and receipts this year for charitable contributions, which included an antique painting and IBM stock. He has owned the IBM stock and the painting since 2005. Donee Item Cost Hobbs Medical Center IBM stock $ 8,000 $52,000 State Museum Antique painting 6,500 3,900 A needy family Food and clothes 780 420 United Way Cash 38,000 38,000 FMV Calculate Calvin's charitable contribution deduction and carryover (if any) under the following circumstances. (Leave no answer blank. Enter zero if applicable.) a. Calvin's AGI is $250,000 Charitable contribution deduction Carryover b. Calvin's AGI is $250,000, but the State Museum told Calvin that it plans to sell the painting. Charitable contribution deduction Carryover answer blank. Enter zero if applicable.) c. Calvin's AGI is $124,000. Charitable contribution deduction Carryover able contribution deduction and carryover (if any) under th answer blank. Enter zero if applicable.) d. Calvin's AGI is $250,000 and Hobbs is a private nonoperating foundation. Charitable contribution deduction Carryover e. Calvin's AGI is $250,000, but the painting is worth $100,000. Charitable contribution deduction Carryover

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