Freda,who has AGI of $100,000 in 2011,contributes stock in Tulip Corporation (a publicly traded corporation)to Central State University,a qualified charitable organization.The stock is worth $59,000,and Freda acquired it as an investment two years ago at a cost of $44,000.

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The Answer of Freda,who has AGI of $100,000 in 2011,contributes stock in Tulip Corporation (a publicly traded corporation)to Central State University,a qualified charitable organization.The stock is worth $59,000,and Freda acquired it as an investment two years ago at a cost of $44,000.

Freda,who Has AGI of $100,000 in 2011,contributes Stock in Tulip