Alec is considering making a substantial charitable donation to his favorite charity (Meals on Wheels) in 2022. His projected AGI for 2022 is $160,000. He has provided three possible donations.

Cash of $100,000

Monet painting. The painting has FMV of $300,000. He acquired the painting 4 years ago for $100. He found it cleaning out a friends attic.

Green stock. The stock has FMV of $90,000 and was acquired 2 years ago for $150,000.

Evaluate each option indicating what the deduction on the 2022 return would be and what the carryover amount would be (if any). Include in your answer your recommendation to him on which item he should donate and why. (6 Points)

*Bonus: how would your answer change to option A if this were 2021 instead?