Liz had agi of $130,000 in 2019. she donated bluebird corporation stock with a basis of $10,000 to a qualified charitable organization on july 5, 2019.

a. what is the amount of liz’s deduction assuming that she purchased the stock on december 3, 2018, and the stock had a fair market value of $17,000 when she made the donation?

b. assume the same facts as in part (a), except that liz purchased the stock on july 1, 2016.

c. assume the same facts as in part (a), except that the stock had a fair market value of $7,500 (rather than $17,000) when liz donated it to the charity.

cognitive overload: having a lot on your mind impairs decision-making and tends to result in the simplest, but not necessarily best, option being selected.

empathy gaps: overlooking how you might feel in a different situation can result in unnecessary purchases, such as overbuying when shopping for food on an empty stomach.

optimism and overconfidence: wearing rose-tinted glasses and having unrealistic expectations about the future can affect money management and leave you unprepared for a change in circumstance.

instant gratification: seeking instant gratification drives impulsive spending and can undermine long-term planning and savings.

harmful habits: automatic or mindless behaviour can amplify a poor financial decision as it becomes a recurring event.

social norms: we are heavily influenced by the actions of others; while this can be in certain circumstances, it also contributes to the pressure to keep up with the joneses through conspicuous consumption.

oh my god you are going so many marks marks i don't want to give you answers sorry

answer; balance sheets;