Carol owns 100 common shares of Carolina Incorporated, which is all the shares outstanding. 90% of the company's sales are made to Camilla. Who has de facto control of Carolina Incorporated? Camilla Carol Dirk has decided to transfer his equipment to a new corporation using Section 85. The equipment has a cost basis of $1,000, a UCC balance of $800, and a fair market value of $1,500. If Dirk wants to eliminate tax, what should he choose as his elected amount? 0 1500 1000 800