Required information [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 portrait many years ago as investments. Dean reported the following recipients: Charity Property Cost FMV State University Cash $19,200 $19,200 Red Cross Cash 16,600 16,600 State History Museum Painting 5,420 98,800 City Medical Center Dell stock 70,000 59,000 b. Assume that Dean's AGI this year is $360,000. Determine Dean's itemized deduction for his charitable contributions this year and any carryover. Deduction Carryover