An individual gifts shares of a Canadian public company to a registered charity. At the time of the gift, the shares had a value of $80,000 and an adjusted cost base (ACB) of $10,000 What would be the tax consequences to the donor? Multiple Choice The capital gain would be nil, and the donation tox credit (see Chapter 10) would be based on the $70.000 increase in the volue of the shores The capital gain would be $70,000 and the donation tox creditsee Chapter 10 would be based on the $80.000 current value of the shares The capital gain would be $35,000 and the donation tax creditsee Chapter 10 would be based on the 580.000 current value of the shares