46. Masouds records reflect the following information:

1. Paid $550 dues to a fraternal organization (such as the Elks Club).

2. Donated stock having a fair market value of $6,000 to a qualified charitable organization. He purchased the stock 2 years earlier for $4,500.

3. Paid $2,500 cash to qualified public charitable organizations.

Masoud's adjusted gross income for this year was $50,000. What is the amount of his charitable contribution deduction for the year?

A) $2,500

B) $7,000

C) $8,500

D) $9,050