Calvin reviewed his cancelled 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		FMV
Hobbs Medical Center	IBM stock	$	7,200	$	44,000
State Museum	Antique painting		6,100		3,660
A needy family	Food and clothes		620		370
United Way	Cash		30,000		30,000

Calculate Calvin's charitable contribution deduction and carryover (if any) under the following

c. Calvins AGI is $104,000.

Total Charitable Deduction:

Carryover:

d. Calvins AGI is $210,000 and Hobbs is a private nonoperating foundation.

Total Charitable Deduction:

Carryover:

e. Calvins AGI is $210,000, but the painting is worth $76,000.

Total Charitable Deduction:

Carryover: