calvin reviewed his cancelled checks and receipts this year

/in /by

a. Calvin’s AGI is $100,000.
b. Calvin’s AGI is $100,000 but the State Museum told Calvin that it plans to sell the painting.
c. Calvin’s AGI is $50,000.
d. Calvin’s AGI is $100,000 and Hobbs is a nonoperating private foundation.
e. Calvin’s AGI is $100,000 but the painting is worth $10,000.