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Christina receives a distribution of $160,000 from an $ corporation in which she is a 40% shareholder. At the same time, the corporation distributes $240,000

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Christina receives a distribution of $160,000 from an $ corporation in which she is a 40% shareholder. At the same time, the corporation distributes $240,000 to the other shareholders. The corporation has AAA of $120,000. Christina's basis for her stock is 580,000 , Which of the following is the correct amount of Christina's capital gain resulting from the distribution. $90,000$40,000$4B,000$16,000

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