8. (a) Arnold sells an antique automobile (basis $5,000) to his father for $20,000. Arnold receives no money in the year of sale, but is to receive $2,000 per year plus interest. Arnold's father immediately resells the auto for $20,000, $15,000 cash and a note for $5,000 to a dealer. How should Arnold treat this transaction? (b) (b) Suppose Arnold's father waited two and onehalf (21/2) years to make the disposition? (c) (c) Suppose Arnold had sold his father shares of IBM? (d) (d) Suppose Arnold's father gifted the car to his daughter shortly after acquisition? (e) (e) Suppose Arnold and his father can show that tax avoidance was not a motive? (f) (f) Suppose Arnold sold the auto to his whollyowned corporation for use in the Corporation's business