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In addition to cash contributions to charity, Dean decided to donate shares of stock and a portrait painted during the earlier part of the last

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In addition to cash contributions 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 the portrait many years ago as investments. Dean reported the following recipients: FMV Charity State University Red Cross State History Museum City Medical Center Property Cash Cash Antique painting Dell stock Cost $19,200 $19, 200 16, 600 16, 600 5, 420 98,800 70,000 59,000 Problem 6-49 Part-d (Algo) d. Suppose that Dean's objective with the donation to the museum was to finance expansion of the historical collection. Hence, Dean was not surprised when the museum announced the sale of the painting because of its limited historical value. What is Dean's charitable contribution deduction for the painting in this situation (ignoring AGI limitations)? Charitable contribution deduction

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