Gloria Makes the Following Gifts During the Year: $16,000 Cash

Multiple Choice

Gloria makes the following gifts during the year: $16,000 cash to her son, Andy
Stock with a basis of $10,000 and a $31,000 fair market value to her sister, Helen
$100,000 to a revocable trust benefiting her nephew, George
Land with a basis of $60,000 and a fair market value of $50,000 to the American Cancer Society
Before considering the unified credit, what are Gloria's taxable gifts?

A) $17,000
B) $45,000
C) $95,000
D) $121,000