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A owns 6 0 shares ( 1 0 $ per share basis ) $ 6 0 0 total adjusted basis and B owns 4 0
A owns shares $ per share basis $ total adjusted basis and B owns shares $ per share basis$ total adjusted basis of X representing all of Xs outstanding shares. A and B are unrelated unless otherwise stated. X has $ E&P What are the results to A B and X from the following alternative transactions?
a A sells all of As X stock to B for $ in cash and $ in notes payable over a year period.
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