As - 1.minary 1. 2022. the stock ownership of QRS Corp. was as follows: The stock of XYZ Corporation was owned /U\% vy sauiel and 30% by John Smith, Daniel's next door On December 31, 2022, QRS Corp. paid Edward $100,000 and he surrendered ten (10) shares of his QRS neighbor. stock. QRS Corp also paid XYZ Corporation $50,000 for five (5) shares of its QRS stock. a) Immediately prior to the December 31 transaction, XYZ's total ownership interest in QRS Corp shares owned indirectly. was equal to percent, comprised of shares owned directly and Indicate from whom any indirect shares are owned. b) Does the redemption of XYZ's five (5) share qualify for sale or exchange treatment? If so, c) Immediately prior to the December 31 transaction, Edward's total ownership interest in QRS why? If not, why not? c) Imnediatly shares owned indirectly Corp was equal to percent, comprised of shares owned directly and Indicate from whom any indirect shares are owned. d) Does the redemption of Edward's ten (10) shares qualify for sale or exchange treatment? If so, why? If not, why not