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Kari wants to make a $50,000 charitable contribution to UIC by gifting appreciated stock. She has 23,000 shares of Aviator Corp Stock at a cost

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Kari wants to make a $50,000 charitable contribution to UIC by gifting appreciated stock. She has 23,000 shares of Aviator Corp Stock at a cost basis of $20/share and with a current market value of $50/share. Kari has a marginal tax rate of 35% and an average tax rate of 23%. The capital gains tax is 15%. (Show all work) A. How many shares does she need to gift UIC? B. How much is her capital gains tax on this gift? C. What is her tax savings from making this contribution? Kari wants to make a $50,000 charitable contribution to UIC by gifting appreciated stock. She has 23,000 shares of Aviator Corp Stock at a cost basis of $20/share and with a current market value of $50/share. Kari has a marginal tax rate of 35% and an average tax rate of 23%. The capital gains tax is 15%. (Show all work) A. How many shares does she need to gift UIC? B. How much is her capital gains tax on this gift? C. What is her tax savings from making this contribution

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