HW Score: 29.12%, 2.91 o 10 of 10 (5 complete) Y Score: 0 of 1 pt Question Help Pl:7-50 (similar to) h each of the following independent cases, determine the amount of the chartable contribution and the lmitation that would apply. In each case, assume that the donee is a qualified public charity EB (Click the icon to view the independent cases ) a. Sharon donaties a tract of land to a charitable organization She has held the land for seven years Her basis in the land is $10,000 and its FMV is $46,000 Contribution amount Lirnitatiorn O Data Table Sharon donates a tract of land to e charitable organization. She has held the land for seven years Her basis in the land is $ 10.000 and its FMV is 546,000 b Aume he same lacts in Part a except that Sharon has held the land for only 11 months e, Joe purchases nistorical document o 559 000 He donates the historical document to a and that its FMV $26.000 charitable organization beo years later The organleation plans to use it for research and sbudy Its FMV at the time of the donation i $ 109 000 A nn jacth n Part cceot tt the organization plans to sellthe documert e. Vivian donates some ventoryto chblorganization The inventory is not food or dothing The Inventory i purchased for $700 and Its FMV is $1.300 at the time of the donation She held the inventory for seven months PMDone