In the Current Year, Bonnie, Who Is Single, Sells Stock

Multiple Choice

In the current year, Bonnie, who is single, sells stock valued at $60,000 to Linda for $15,000. Later that year, Bonnie gives Linda $25,000 in cash. Bonnie's taxable gifts from these transfers total

A) $70,000.
B) $59,000.
C) $55,000.
D) $25,000.