Required information (The following information applies to the questions displayed below.) Calvin reviewed his canceled checks and receipts in 2020 for charitable contributions, which included an antique painting and IBM stock. He has owned the IBM stock and the painting since 2005. Donee Item Cost FRV Hobbs Medical Center IBM stock $ 5,400 $26,000 State Museum Antique painting 5,200 3,120 A needy fanily Food and clothes 260 United Way Cash 12,000 12,000 440 Calculate Calvin's charitable contribution deduction and carryover (if any) under the following circumstances. (Leave no answer blank. Enter zero if applicable.) d. Calvin's AGI is $120,000 and Hobbs is a private nonoperating foundation Charitable contribution deduction Carryover