Remsco has taxable income of $78,000 and a charitable contribution limit modified taxable income of $81,000. Its charitable contributions for the year were $8,220. What is Remsco's current-year charitable contribution deduction and contribution carryover? Multiple Choice $7,800 current-year deduction; $420 carryover. $8,220 current-year deduction; $0 carryover. $300 current-year deduction; $7,920 carryover. $8,100 current-year deduction; $120 carryover