Archer transferred publicly traded stock valued at $100,000 to the museum of natural history for $50,000 cash. Rogers basis in the stock is $9000. This is his only gift for the year. Which of the following is correct?

(1) Roger made a charitable contribution of $50,000 on his income tax return (subject to any applicable limitation).

(2) Roger is not required to report the gift on form 709.

(3) Roger must report capital gain on his income tax return of $45,500 ($50,000 cash received-$4500 allocable basis).

(4) all of the above.