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Cleveland Brown, Jr. Incorporated reported the following activity during the years indicated: Year 1 Adjusted Taxable Income $2,899,771 Charitable Contributions $982,340 Year 2 Adjusted Taxable

Cleveland Brown, Jr. Incorporated reported the following activity during the years indicated:

Year 1

Adjusted Taxable Income $2,899,771

Charitable Contributions $982,340

Year 2

Adjusted Taxable Income $1,620,771

Charitable Contributions $114,048

Year 3

Adjusted Taxable Income $2,103,590

Charitable Contributions $160,446

Required: Calculate the corporations charitable contribution deduction and any carryovers for each year.

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