7. Madeoff donated stock (capital gain property) to a public charity.

He purchased the stock 3 years ago for $100,000, and on the date of the gift, it had a fair market value of $200,000. What is his maximum charitable contribution deduction for the year if his AGI is $500,000 (before considering the itemized deduction phase-out)?

A. $100,000

B. $200,000

C. $150,000

D. $250,000

E. None of these