sidio 4. Mary has an AGI of $80,000 which is expected to remain at this level for the next 5 years. She wants to donate 1,000 shares of XYZ stock to a public hospital. She purchased the shares eight years ago at an adjusted basis of $40 per share and the current fair market value is $135 per share. If she wants to maximize her income tax deductions for this year which of the following would you recommend? (A) Mary should deduct $135,000 for the stock donation this year (B) Mary should deduct $80,000 for the stock donation this year (C) Mary should deduct $40,000 for the stock donation this year (D) Mary should deduct $24,000 for the stock donation this year 5. Mary has an AGI of $80,000 which is expected to remain at this level for the next 5 years. She wants to donate 1,000 shares of XYZ stock to a public hospital. She purchased the shares eight years ago at an adjusted basis of $40 per share and the current fair market value is $135 per share. would you recommend? (A) Mary should deduct $135,000 for the stock donation this year (B) Mary should deduct $80,000 for the stock donation this year (C) Mary should deduct $40,000 for the stock donation this year (D) Mary should deduct $24,000 for the stock donation this year