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Mr. Vignesh Menan owns land (not ecologically sensitive land) with an ACB of $100,000 and a FMV of $170,000. In 20X2, he intends to donate

Mr. Vignesh Menan owns land (not ecologically sensitive land) with an ACB of $100,000 and a FMV of $170,000. In 20X2, he intends to donate this land to a registered Canadian charity and would like to know what is the value of donation credit net of of tax if he elects to make the donation at $170,000. Before consideration of any income resulting from making the gift, Mr. Menan has taxable income of more than $400,000. 


A. $44,514


B. $170,000


 C. $100,000 


D. $55,700

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