) Elenore recently inherited 4,000 shares of stock from her deceased husbands estate. During his lifetime, Elenore's husband had purchased these...

65.) Elenore recently inherited 4,000 shares of stock from her deceased husbands estate. During his lifetime, Elenore's husband had purchased these shares for $5 a share. The value of the stock had increased to $10 a share at his death. Now it is valued at $15 a share. Elenore now wants to gift this stock to a qualified public charity and has asked you, her financial estate planner, how much of a deduction would be available against her current years income tax. If Elenore's AGI is $175,000 what is the maximum amount of charitable income tax deduction permitted in the current year 2018?

A.$20,000

b. $52,500

c. $60,000

d. $87,500