Calvin reviewed his cancelled checks and receipts this year for charitable contributions. He has owned the IBM stock and painting since 2005.

Donee	Item		Cost		FMV
Hobbs Medical Center	IBM stock	$	5,000	$	22,000
State Museum	Painting		5,000		3,000
A needy family	Food and clothes		400		250
United Way	Cash		8,000		8,000

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

d.Calvin's AGI is $100,000 and Hobbs is a non operating private foundation

Charitable contribution deduction
Carryover
e.Calvins AGI is $100,000 but the painting is worth $10,000. Charitable contribution deduction
Carryover amount

I am not sure what percentages I should be using for the painting's new FMV and the change in Hobbs status in letter d.