ABC corporation is acquiring XYZ Corporation in a transaction that qualifies as a 368 reorganization by exchanging $750,000 of stock and land (FMV $150,000 - basis $50,000) for all of XYZ assets (stock-$600,000 and land(FMV value of $850,000 and basis of $600,000) and liabilities of $325,000. XYZ also has 100,000 of Earnings & Profits. XYZ liquidates transferring the stock and land it received to its shareholders. Using the format below determine the tax consequences of the reorganization to all parties (the acquiring corporation, the target corporation, and the shareholders of CYZ Corporation)?