A nongovernmental not-for-profit organization received the following donations of corporate stock during the year:Donation 1 Donation 2Number of shares 2,000 3,000Adjusted basis $8,000 $5,500Fair value at time of donation 8,500 6,000Fair value at year end 10,000 4,000What net value of investments will the organization report at the end of the year? A. $12,000B. $13,500C. $14,000D. $14,500
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