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18. Harry Hombly owns 60 shares of Lyle Corporation's stock and 69 shares of Best Company. Harry's basis in the stock of Lyle and Best

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18. Harry Hombly owns 60 shares of Lyle Corporation's stock and 69 shares of Best Company. Harry's basis in the stock of Lyle and Best is $85,000 and $34,500, respectively. Each corporation has 100 shares of stock outstanding. Harry sells 25 shares of Best Company to Lyle Corporation for $36,000 when the E&P of each company is $40,000 and $10,000, respectively. What is the result of the sale to Harry, Best Company and Lyle Corporation

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