1. Maria received some Mega Corporation stock as a gift from her Uncle Glen two years ago when it had a fair market value of $90,000. Glen paid

$60,000 for the stock five years ago, and he paid $3,000 in gift taxes when he made the gift to Maria. What is Maria’s basis for the stock?

a. $60,000

b. $61,000

c. $63,000

d. $90,000

e. $93,000