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Bonnie and Clyde are the only two shareholders in Getaway Corporation. Bonnie owns 60 shares with a basis of $6,000, and Clyde owns the remaining

Bonnie and Clyde are the only two shareholders in Getaway Corporation. Bonnie owns 60 shares with a basis of $6,000, and Clyde owns the remaining 40 shares with a basis of $12,000. 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. Note: Leave no answer blank. Enter zero if applicable. Required: a. Getaway redeems 10 of Bonnie's shares for $6,000. Getaway has $26,000 of E&P at year-end and Bonnie is unrelated to Clyde. b. Getaway redeems 34 of Bonnie's shares for $12,000. Getaway has $26,000 of E&P at year-end and Bonnie is unrelated to Clyde. c. Getaway redeems 9 of Clyde's shares for $6,500. Getaway has $26,000 of E&P at year-end and Clyde is unrelated to Bonnie. Complete this question by entering your answers in the tabs below. Required A Required B Required C Getaway redeems 10 of Bonnie's shares for $6,000. Getaway has $26,000 of E&P at year-end and Bonnie is unrelated to Clyde. Note: Round your answers to the nearest whole number. Bonnie owns 60% before the redemption and Does this qualify as a sale or exchange? % after the redemption. If so, how much is the gain? < Required A Required B > Required A Required B Required C Getaway redeems 34 of Bonnie's shares for $12,000. Getaway has $26,000 of E&P at year-end and Bonnie is unrelated to Clyde. Note: Do not round intermediate calculations. Round your answers to the nearest whole number. Bonnie owns 60% before the redemption, Does this qualify as a sale or exchange? % after the redemption. If so, how much is the gain? Required A Required B Required C Getaway redeems 9 of Clyde's shares for $6,500. Getaway has $26,000 of E&P at year-end and Clyde is unrelated to Bonnie. Note: Round your answers to the nearest whole number. Clyde owns 40% before the redemption and Does this qualify as a sale or exchange? % after the redemption. If so, how much is the gain

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