In addition to cash contribution to charity, Dean decided to donate shares of stock and a portrait painted during the earlier part of the last century. Dean purchased the stock and portrait many years ago as investment. Dean reported the following recipients:

Charity Property Cost FMV

State university Cash $15,200 $15,200

Red Cross Cash $14,600 $14,600

State History Museum Painting $5,020 $82,800

City Medical Center Dell Stock $30,000 $19,000

A) Determine the maximum amount of charitable contribution deduction for each of these contributions ignring the AGI ceiling on charitable contributions

Cash $xxx

Painting $xxxx

Stock $xxxx

B) Assume that Dean's AGI this year is $160,000. Determine Dean;s itemized deduction for his charitable contributions this year and any carryover

Deduction $xxx

Carryover $xxx