(Answered) Question - pat gave 5000 shares of stock in coyote

Accounting

Question - Pat gave 5,000 shares of stock in Coyote Corporation (a publicly traded corporation) to her church (a qualified charitable organization). The stock was worth $180,000 and she had acquired it as an investment four years ago at a cost of $75,000. Pat had AGI of $300,000. In completing her income tax return, how much of the charitable contribution should Pat deduct?

$75,000.

$90,000.

$150,000.

$180,000.

None of the above.

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