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Required information Problem 6 - 5 1 ( LO 6 - 2 ) ( Algo ) [ The following information applies to the questions displayed

Required information
Problem 6-51(LO 6-2)(Algo)
[The following information applies to the questions displayed below.]
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 in 2024:
Problem 6-51 Part-b (Algo)
b. Assume that Dean's AGI this year is $320,000. Determine Dean's itemized deduction for his charitable contributions this year and
any carryover.
Answer is complete but not entirely correct.
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