16.

In addition to cash contributions to charity, Dean decided to donate shares of stock and a portrait painted during the earlier part of the last century. Dean purchased the stock and portrait many years ago as investments. Dean reported the following recipients:

Charity	Property	Cost		FMV
State University	Cash	$	16,000	$	16,000
Red Cross	Cash		15,000		15,000
State History Museum	Painting		5,100		86,000
City Medical Center	Dell stock		38,000		27,000

b. Assume that Deans AGI this year is $200,000. Determine Deans itemized deduction for his charitable contributions this year and any carryover.

Deduction:

Carryover: