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Ray Ray made the following contributions in 2021. Charity Athens Academy School United Way American...

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Ray Ray made the following contributions in 2021. Charity Athens Academy School United Way American Heart Association First Methodist Church Property Cash Cash Antique painting Coca-Cola stock Cost $ 7,150 5,800 16,200 15, 200 FMV $ 7,150 5,800 81,000 22,800 Determine the maximum amount of charitable deduction for each of these contributions ignoring the AGI ceiling on charitable contributions and assuming that the American Heart Association plans to sell the antique painting to fund its operations. Ray Ray has owned the painting and Coca-Cola stock since 1990. Maximum Amount Cash contributions Property donations

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