Brittany Callihan sold stock (basis of $184,000) to her son, Ridge, for $160,000, the fair market value. a. What are the tax consequences to Brittany? Brittany will have a $ that is b. What are the tax consequences to Ridge if he later sells the stock for $190,000? What are the tax consequences to Ridge if he later sells the stock for $152,000? What are the tax consequences to Ridge if he later sells the stock for $174,000? c. Complete the letter to Brittany in which you inform her of the tax consequences if she sells the stock to Ridge for $160,000. Explain how a sales transaction could be structured that would produce better tax consequences for her. SWFT, LLP 5191 Natorp Boulevard Mason, OH 45040