Corp MH owns 80 shares of Corp X, and NJH, an individual, owns the other 20 shares. NJHs total basis in her shares is $20. Corp X liquidates by distributing $800 in cash to Corp MH, and land worth $200 (with a basis to Corp X of $500) to NJH. Corp. X has no debt. a. Result? b. Would your answer change if the lands basis to Corp X was only $100? c. Would your answer change if the land secured a $1,100 mortgage?