prepare a memo to the file documenting your research.

Kim is an avid trivia fanatic and watches trivia game shows frequently. Kims daughter convinced her to put her skills to the test and compete on one of her favorite game shows. Kim was selected to compete on the show and was lucky enough to win a new car worth $30,000. Instead of keeping her winnings, Kim decided to donate the car to charity. Kims friend mentions that this was a kind and intelligent decision because Kim doesnt have to pay tax on her donated winnings. Kim comes to you for advice on her friends opinion that the fair-market value ($30,000) of the car is not taxable to her.