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$-$d $($Algo$)$

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$)?$