Darryl Owens will report an AGI of $100,000 for this year on his federal income tax return. Darryl would like to make a gift to the local hospital of some stock. He would like to donate the stock that will provide the greatest income tax deduction for this year. Which of the following stocks should you recommend?

  1. The stock of Company A was purchased this year for $50,000 and is now worth $45,000.
  2. The stock of Company B was purchased three years ago for $30,000 and is now worth $50,000.
  3. The stock of Company C was purchased two years ago for $40,000 and is now worth $70,000.
  4. The stock of Company D was purchased this year for $50,000 and is now worth $50,000.