Uptown Church Received a Donation of Marketable Equity Securities from a Church

Uptown Church received a donation of marketable equity securities from a church member. In reviewing the financial press, it is determined that the securities had appreciated during the year. At what amount should Uptown report its marketable equity securities in the year-end balance sheet?

A) Market value at the balance sheet date.
B) Donor's cost.
C) Market value at the date of receipt.
D) The lower of cost or market.