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Jianying was injured in an automobile accident caused by another driver. Her son, Christian, was in the automobile but not physically injured. The other driver's

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Jianying was injured in an automobile accident caused by another driver. Her son, Christian, was in the automobile but not physically injured. The other driver's insurance company was required by a court to pay Jianying $55,000 to cover medical bills relating to her injuries, $20,000 to compensate her for emotional distress attributable to the injuries and $60,000 of punitive damages. Christian was paid $25,000 to compensate him for emotional distress attributable to his witnessing his mother's injuries. What is the amount taxable to Jianying? Select one: a. $60,000 b. $105,000 c. $80,000 d. $135,000 Jonison has AGI of $150,000. He intends to contribute $10,000 to the San Francisco State University. She should donate which of the following assets Select one: a. $10,000 of cash b. LG stock purchased 2 years ago for $13,000 with a cureent FMV of $10,000 c. Westinghouse stock purchased six months ago for $3,000 with a current FMV of $10,000 d. Teledyne stock purchased three years ago for $8,000 with a current FMV of $10,000

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