Bonnie and Clyde are the only two shareholders in Getaway Corporation Bonnie owns 60 shares with a basis of $4,500, and Clyde owns the remaining 40 shares with a basis of $13,500 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 Getaway redeems 10 of Bonnie's shares for $3,500 Getaway has $23,000 of E P at year end and Bonnie is unrelated to Clyde Getaway redeems 38 of Bonnie's shares for $7,000 Getaway has $23,000 of E P at year end and Bonnie is unrelated to Clyde Getaway redeems 5 of Clyde's shares for $4,000 Getaway has $23,000 of E P at year end and Clyde is unrelated to Bonnie Getaway redeems 10 of Bonnie's shares for $3,500 Getaway has $23,000 of E P at year end and Bonnie is unrelated to Clyde Note Round your answers to the nearest whole number Getaway redeems 38 of Bonnie's shares for $7,000 Getaway has $23,000 of E P at year end and Bonnie is unrela Clyde Note Do not round intermediate calculations Round your answers to the nearest whole number Getaway redeems 5 of Clyde's shares for $4,000 Getaway has $23,000 of E P at year end and Clyde is unrelated to Note Round your answers to the nearest whole number

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Bonnie and Clyde are the only two shareholders in Getaway Corporation. Bonnie owns 60 shares with a basis of $4,500, and Clyde owns the remaining

Bonnie and Clyde are the only two shareholders in Getaway Corporation. Bonnie owns 60 shares with a basis of $4,500, and Clyde owns the remaining 40 shares with a basis of $13,500. 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:

Getaway redeems 10 of Bonnie's shares for $3,500. Getaway has $23,000 of E&P at year-end and Bonnie is unrelated to Clyde.
Getaway redeems 38 of Bonnie's shares for $7,000. Getaway has $23,000 of E&P at year-end and Bonnie is unrelated to Clyde.
Getaway redeems 5 of Clyde's shares for $4,000. Getaway has $23,000 of E&P at year-end and Clyde is unrelated to Bonnie.

Getaway redeems 10 of Bonnie's shares for $3,500. Getaway has $23,000 of E\&P at year-end and Bonnie is unrelated to Clyde. Note: Round your answers to the nearest whole number. Getaway redeems 38 of Bonnie's shares for $7,000. Getaway has $23,000 of E\&P at year-end and Bonnie is unrela Clyde. Note: Do not round intermediate calculations. Round your answers to the nearest whole number. Getaway redeems 5 of Clyde's shares for $4,000. Getaway has $23,000 of E\&P at year-end and Clyde is unrelated to Note: Round your answers to the nearest whole number