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a. Sharon donates a tract of land to a charitable organization. She has held the land for b. Assume the same facts in Part a,

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a. Sharon donates a tract of land to a charitable organization. She has held the land for b. Assume the same facts in Part a, except that Sharon has held the land for only 11 months c. Jed purchases a historical document for $53,000. He donates the historical document to a d. Assume the same facts in Part c, except that the organization plans to sell the document e. Vivian donates some inventory to a charitable organization. The inventory is not food or seven years. Her basis in the land is $11,000 and its FMV is $44,000. and that its FMV is $25,000 charitable organization two years later. The organization plans to use it for research and study. Its FMV at the time of the donation is $106,000. and put the money into an endowment fund clothing. The inventory is purchased for $400 and its FMV is $1,100 at the time of the na donation. She held the inventory for seven months. zat Print Done In each of the $106,000 cases) $106,000

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