Bruiser has a stock basis of $20,000 at the beginning of the year in Charlie Corp, an $ corporation. Bruiser is the sole sharcholder of Charlie Corp. Charlie Corp reports $10,000 of ordinary income for this year. On December 1, Charlie Corp distributes stocki which it owns in MSD investment, to Bruiser. The stock cost $15,000 and has a $25,000FMV. Charlie Corp held the stock for 6 years prior to distributing it to Bruiser. 1. What capital gain, if any, does Charlie Corp recognize from the MSD stock distribution? 2. What capital gain, if any, does Bruiser recognite from the MGD stock distribution? 3. What is Bruisers basis in Charlie stock at the end of the year