deduction assuming that he had purchased the stock for $$22,000$ on January $3,2016,$ and the stock had a fair market value of $$58,000$ when he made the donation? Christopher's AGI is $$150,000$ and the charitable limitations are either $50\%,30\%$ or $20\%.$

a$.$ $$0.$

b$.$ $$22,000.$

c$.)$ $$45,000.$

d$.$ $$58,000.$

e$.$ None of the above

Stok cort $-22000,$AOC$=$ Pr$6$

Question $17$ through $21$

APRVN Lo$50\%$

$AG5150000$

Robert and Frank entered into an agreement where Robert exchanges his office building for Frank's farmhouse. The office building has a FMV of $$480,000.$ Robert purchased the building in $2004$ for $$275,000$ and has taken $$65,000$ of depreciation. Also, Robert has a mortgage on the building of $$80,000,$ which Frank has agreed to assume. In exchange for the Robert's building Frank will transfer his farmhouse $($FMV $$350,000/$ adjusted basis $$225,000)$ plus equipment with a FMV of $$50,000$ and an $\frac{A}{B}$ of $$85,000.$

$17.$ What is the amount realized by Robert on the exchange of his building?

a$.$ $$350,000+50,000+80,000=180$

b$.$ $$350,000+80,000$

c$.$ $$350,000+50,000$

d$.$ $$350,000+80,000+85,000$

e$.$ None of the above

MTG $8000020000$ Egt$-$FMV $AB$

$19.$ What is Robert's recognized gain?

a$.-0-$

b$.$ $$480,000+210,000$

c$.$ $$85,000+80,000$

d$.)$ $$80,000+50,000$

e$.$ None of the above

c$.$ $$275,000$

d$.$ $$370,000$

$20.$ What is Robert's adjusted basis in the farmhouse after the exchange?

a$.$ $$340,000$

b$.$ $$210,000$

$480004$

$21000$

$\frac{390}{90}$

$21.$ What is Frank basis in the building after the exchange?

$5$

$21007$