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Required information Problem 6-49 (LO 6-2) (Algo) [The following information applies to the questions displayed below.] In addition to cash contributions to charity, Dean decided

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Required information Problem 6-49 (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 2021 Charity State University Red Cross State History Museum City Medical Center Property Cash Cash Antique painting Dell stock Cost $ 15,800 14,900 5,ese 36, eee FMV $ 15,800 14,900 85,200 25,000 a. Determine the maximum amount of charitable deduction for each of these contributions ignoring the AGI ceiling on charitable contributions 52 Property Cash Painting Stock Answer is not complete. Maximum Amount $ 30,700 110.200 c. Suppose Dean is a dealer in antique paintings and had held the painting for sale before the contribution. What is Dean's charitable contribution deduction for the painting in this situation (ignoring AGI limitations)? Charitable contribution dedidion d. Suppose that Dean's objective with the donation to the museum was to finance expansion of the historical collection. Hence, Dean was not surprised when the museum announced the sale of the painting because of its limited historical value What Is Dean's charitable contribution deduction for the painting in this situation (ignoring AGI limitations)? Charitable contribution deduction

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