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Bonnie and Clyde are the only two shareholders in Getaway Corporation. Bonnie owns 65 shares with a basis of $3.900, and Clyde owns the remaining

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Bonnie and Clyde are the only two shareholders in Getaway Corporation. Bonnie owns 65 shares with a basis of $3.900, and Clyde owns the remaining 35 shares with a basis of $14,500. 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 (Leave no answer blank. Enter zero if applicable.) Required: a. Getaway redeems 15 of Bonnie's shares for $4,000. Getaway has $31,000 of E&P at year-end and Bonnie is unrelated to Clyde. b. Getaway redeems 32 of Bonnie's shares for $8,000. Getaway has $31,000 of E&P at year-end and Bonnie is unrelated to Clyde. c. Getaway redeems 4 of Clyde's shares for $4,500. Getaway has $31,000 of E&P at year-end and Clyde is unrelated to Bonnie Complete this question by entering your answers in the tabs below. Red A Reg B Reg C Getaway redeems 15 of Bonnie's shares for $4,000. Getaway has $31,000 of EXP at year-end and Bonnie is unrelated to Clyde. (Round your answers to the nearest whole number) Bonnie owns 65% before the redemption and Does this qualify as a sale or exchange? after the redemption If so, how much is the gain? ReqB > Complete this question by entering your answers in the tabs below. Reg A ReqB Reg C Getaway redeems 32 of Bonnie's shares for $8,000. Getaway has $31,000 of E&P at year-end and Bonnie is unrelated to Clyde. (Do not round intermediate calculations. Round your answers to the nearest whole number) after the redemption Bonnie owns 65% before the redemption, Does this quality as a sale or exchange? If so, how much is the gain? Complete this question by entering your answers in the tabs below. Req A ReqB Regc Getaway redeems 4 of Clyde's shares for $4,500. Getaway has $31,000 of ESP at year-end and Clyde is unrelated to Bonnie. (Round your answers to the nearest whole number.) after the redemption Clyde owns 35% before the redemption and Does this quality as a sale or exchange? If so, how much is the gain?

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