Question 3 Not yet answered Points out of 2.00 P Flag question Morrissey donated stock (a capital asset) to a public charity. He purchased the stock three years ago for $100,000. On the date of the gift, the stock had a fair market value of $200,000. What is Morrissey's maximum charitable contribution deduction for the year related to this stock if his AGI is $500,000? Select one: OA. $250,000 O B. $150,000 O C. $100,000 O D. $200,000 500 2

Morrissey donated stock (a capital asset) to a public charity. He purchased the stock three years ago for $100,000. On the date of the gift, the stock had a fair market value of $200,000. What is Morrissey's maximum charitable contribution deduction for the year related to this stock if his AGI is $500,000 ? Select one: A. $250,000 B. $150,000 C. $100,000 D. $200,000