Acquiring Corporation is 100%-owned by Nancy Drew. Target Corporation is 100% owned by Tom Hardy. The two individuals are not related. Target Corporation has $400,000 of NOL carryovers at the time Acquiring Corporation is considering making a cash acquisition of part or all of Target Corporation's stock. What is the maximum amount of Target stock that can be acquired in a single transaction without the Sec. 382 loss limitation rules applying to the NOLS? O 50% Any acquisition of Target stock will cause the Sec. 382 loss limitation to apply. 49% 80%