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  3. madeoff donated stock (capital gain property) to a

Madeoff donated stock (capital gain property) to a public charity. He purchased the stock 3...

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Accounting

Madeoff donated stock (capital gain property) to a public charity. He purchased the stock 3 years ago for $100,600, and on the date of the gift, it had a fair market value of $200,600. What is his maximum charitable contribution deduction for the year if his AGI is $500,600 (before considering the itemized deduction phase-out)?

$100,600.

$200,600.

$150,180.

$250,300.

None of these.

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