Remsco has taxable income of $71,000 and a charitable contribution limit modified taxable income of $77,500. Its charitable contributions for the year were $7,940. What is Remsco's current-year charitable contribution deduction and contribution carryover? Multiple Choice $7,100 current-year deduction: $840 carryover. $7,940 current-year deduction; $0 carryover. $650 current-year deduction: $7,290 carryover. $7,750 current-year deduction, $190 carryover