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ABC Corporation (ABC Yound 0% of the single dans of stock in Subsidiary Corporation. The other 10% is owned by Rosie an individual. ABC's basies

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ABC Corporation (ABC Yound 0% of the single dans of stock in Subsidiary Corporation. The other 10% is owned by Rosie an individual. ABC's basies in its Sutridiary stock is $200.000 and Rose' basis is $90,000. Subsidiary distributes property A having an adjusted basis of $150,000 and an FMV of $720,000 to ABC, and property with a FMV of $80,000 and an med basis of 60,000 to Rosie in a liquidating distribution Subsidiary hand $10 million of earnings and profits of the date of liquidation What has do ABC and Rose have in the property received in the liquidating distribution? OA ABC in property A $150,000 Rosie's basis in property 580,000 in reperty OB ABC bati in property A $150,000: Rodi' in property 50.000 OC ABC in property A3720,000 Rosie's boss in property 500,000 OD ABC has in property A $200,000, Rowie bus in property $80,000 ABC Corporation (ABC Yound 0% of the single dans of stock in Subsidiary Corporation. The other 10% is owned by Rosie an individual. ABC's basies in its Sutridiary stock is $200.000 and Rose' basis is $90,000. Subsidiary distributes property A having an adjusted basis of $150,000 and an FMV of $720,000 to ABC, and property with a FMV of $80,000 and an med basis of 60,000 to Rosie in a liquidating distribution Subsidiary hand $10 million of earnings and profits of the date of liquidation What has do ABC and Rose have in the property received in the liquidating distribution? OA ABC in property A $150,000 Rosie's basis in property 580,000 in reperty OB ABC bati in property A $150,000: Rodi' in property 50.000 OC ABC in property A3720,000 Rosie's boss in property 500,000 OD ABC has in property A $200,000, Rowie bus in property $80,000

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