It lax memo- Fall 2018 In December of each year, Victoria Old contributes 10% of her gross income to the United way (a 50% organization), Victoria, who is in the 24% marginal tax bracket, is considering the following alternatives for satisfying the contribution. (1) Cash donation (2) Unimproved land held for six years ($3,000 basis) (3) Blue Corporation stock held for eight months ($3,000 basis) (4) Gold Corporation stock held for two years ($28,000 basis) Fair Market Value $23,000 23,000 23,000 23,000 Your tax manager has asked you to help her decide which of the potential contributions listed above will be most advantageous taxwise. Evaluate the four alternatives, and write a letter to Eleanor to communicate your advice to her. Her address is 2622 Bayshore Drive, Berkeley, CA 94709. Provide a brief tax memo on your recommendation