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Bonnie and Clyde are the only two shareholders in Getaway Corporation. Bonnie owns 64 shares with a basis of $3,000, and Clyde owns the remaining

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Bonnie and Clyde are the only two shareholders in Getaway Corporation. Bonnie owns 64 shares with a basis of $3,000, and Clyde owns the remaining 36 shares with a basis of $11,000. At year-end, Getaway is considering different alternatives for redeeming some shares of stock. Evaluate whether each of the following stock redemption transactions will qualify for sale and exchange treatment. (Leave no answer blank. Enter zero if applicable.) Required: a. Getaway redeems 14 of Bonnie's shares for $5,000. Getaway has $24,000 of E&P at year-end and Bonnie is unrelated to Clyde. b. Getaway redeems 32 of Bonnie's shares for $10.000. Getaway has $24.000 of E&P at year-end and Bonnie is unrelated to Clyde C. Getaway redeems 7 of Clyde's shares for $5,500. Getaway has $24,000 of E&P at year-end and Clyde is unrelated to Bonnie Complete this question by entering your answers in the tabs below. ReqA ReqB Req Getaway redeems 14 of Bonnie's shares for $5.000. Getaway has $24,000 of EXP at year-end and Bonnie is unrelated to Clyde. (Round your answers to the nearest whole number) Bonnie owns 64% before the redemption and after the redemption Does this quality as a sale or exchange? If so, how much is the gain? C Reg A ReqB >

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