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2 poin QUESTION 9 Hank made the following donations to qualified charitable organizations during the year: Basis Fair Market Value Used clothing of taxpayer and

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2 poin QUESTION 9 Hank made the following donations to qualified charitable organizations during the year: Basis Fair Market Value Used clothing of taxpayer and his family (all acquired $1,350 $ 375 more than a year ago) Stock in ABC, Inc., held as an investment for 11 12,000 13,875 months Stock in MNO, Inc., held as an investment for 15 15,000 18,000 months Real estate held as an investment for two years 15,000 30,000 The used clothing was donated to the Salvation Army, the other items of property were donated to Eastern State University. Both are qualified charitable organizations. Disregarding percentage limitations, Hank's charitable contribution deduction for the year is O a. 843,350 Ob 556,250. O $60,375 d. $60,375 Oe. None of the above

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