Field Corporation redeems 100 shares of its stock from Andrew for $10,000. Andrews basis in the shares

Question:

Field redeems 100 shares of its stock from Andrew for $10,000. Andrew’s basis in the shares is $8,000. Explain possible alternative tax treatments of Andrew’s receiving the $10,000.
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...