Required information

Problem $6-50($LO $6-2)($Algo$)$

$[$The following information applies to the questions displayed below.$]$

Calvin reviewed his canceled checks and receipts this year $(2023)$ for charitable contributions, which included an antique painting and IBM stock. He has owned the IBM stock and the painting since $2005.$

$\backslash$table$[[,$Item,Cost,FMV$],[$Hobbs Medical Center,IBM stock,$$6,800,$$$40,000$