CIG corporation has 3 equal shareholders: A, B, and C. each shareholder has 100 shares with a basis of $20 per share and has held the stock for 3 years. CIG has $1Milllion of E&P. CIG corporation redeems 60 shares from shareholder A for $8,000. Question; how should A treat the redemption and what redemption test(s) are met (be sure to describe how each test is met) based on the facts. Include the calculation of tax gain/loss or the description of how the non-liquidating distribution should be treated; Change in Voting Rights Change in Rights to Participate Change in rights on liquidation