In December of each year, Eleanor Young contributes 10% of her gross income to the United Way (a 50% organization). Eleanor, who is in the 24% marginal tax bracket, is considering the following alternatives for satisfying the contribution. Fair Market Value (1) Cash donation $151,000 (2) Unimproved land held for six years ($22,650 basis) $151,000 (3) Blue Corporation stock held for eight months ($22,650 basis) $151,000 (4) Gold Corporation stock held for two years ($181,200 basis) $151,000 Eleanor has asked you to help her decide which of the potential contributions listed above will be most advantageous tax-wise. Evaluate the four alternatives and complete a letter to Eleanor. Determine the amount of the charitable contribution for each option.