Question: Mr . E donated stock, which he had held for 1 0 months, to his church. The stock had a fair market value of $

Mr. E donated stock, which he had held for 10 months, to his church. The stock had a fair market value of $1,000 at the time of the gift, but had only cost Mr. E $800. What amount can he deduct as a charitable contribution?
A.$800
B.$600
C.$200
D.$1,000

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