Chris is single, age 38 and self-employed. He had net profit from Schedule C in the amount of $150,000 and no wages or tips subject to social security. He had total income on line 22 of Form 1040 of $208,356 and Adjusted Gross income (AGI) of $195,000 during the current year. He had the following activity during the year.

Medical insurance premiums paid by Chris $4000

Installation of in-ground pool on the advice of a physician. Chris has no other access to a pool and the cost was $30,000. The Value of Chris residence was $218,000 before the improvement and $230,000 after

Adolph, Chris 8-year old father would be his dependent except that he received 7,200income from his former employers qualified retirement plan. Adolph had lived with Chris during a portion of the year. Chris does a lot of business entertaining home and Adolph was disturbed by the noise at night. He convinced Chris to allow him to live in the Happy Acres Old Folks Home to be with others his age. During the year, Chris made the following payments on Adolphs behalf.

Room and board at Happy Acres $12,000

Hernia operation for Adolph $3,300

Nurse care for Adolph during the recovery period $2,200

Unreimbursed medical expenses and prescription drugs for Chris and Adolph were $4,700

State and local income taxes paid were $4100

Real estate taxes paid were $4200

Home mortgage interest $5400 (balance on mortgage is $110,000 and the residence is worth $230,000)

Interest on $150,000 home equity indebtedness is $7,500 (prorate if such interest is limited)

Gambling losses $8,000 (Chris had gambling income of 44,200)

Cash contributions to church $3,500.

Chris made the following property contributions:

Basis Fair Market Value

Inventory from Chris business $3,000 $4,000

Stock in Apple (bought 4 years ago) $8,000 $20,000

Stock in Under Amour (bought 6 months ago) 2,000 10,000

The stocks were given to his alma maters (universitys) Foundation.

Required Prepare Schedule A, Schedule SE (and proper postings to form 1040), and lines 22 through 43 and line 57 of Form 1040 for 2015. Note: Show all supporting details (e.g., medical expense and charitable contribution deductions)