Brown Corp was organized in 2005 by Red Corp (55%), Blue Corp (35%), and Yellow Corp (10%). Brown has been successful and has assets worth $12 million (basis is $4.4 million) with liabilities of $2 million. Red would like to acquire a controlling interest in Brown using a Type B reorg. Blue is willing to get out but Yellow does not want to hold Red stock. a. Can Red accomplish a Type B reorg of Brown? Explain how it does/does not meet the requirements and draw a diagram of the reorg (before and after).