Morris Donated stock (capital gain property) to a public charity. He purchased the stock 3 years ago for $150,000. On the date of the contribution, the stock had a fair market value of $100,000. Morris also donated a painting (capital gain property) to a library, a public charity. He purchased the painting 5 years ago for $50,000. On the date of the contributions, the painting had a fair market value of $300,000. The library manager told Morris he was going to sell the painting. a. What is the amount of each charitable contribution? b. What would be the percentage of adjust gross income limitation that would apply to each contribution? c. suggest a tax plan that might had resulted in a better tax situation for Morris.