Assignment 4 - Chapter 6 i Saving Help Save & Exi 15 Required information [The following information applies to the questions displayed below.] Part 4 of 5 Calvin reviewed his canceled checks and receipts this year (2021) 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 FMV 7 Hobbs Medical Center IBM stock $ 9, 600 $ 68, 000 points State Museum Antique painting 7, 300 4, 380 A needy family Food and clothes 860 520 United Way Cash 54, 000 54, 000 eBook Calculate Calvin's charitable contribution deduction and carryover (if any) under the following circumstances. (Leave no answer blank. Enter zero if applicable.) d. Calvin's AGI is $330,000 and Hobbs is a private nonoperating foundation. Charitable contribution deduction $ 124,380 Carryover $ 2,000