Corporation Z is owned entirely by two individuals, C and D. C owns 60 shares of Z common stock bought in one transaction for $1,200. D owns 40 shares of Z common stock with a basis of $60 per share. The stocks fair market value is $40 per share. Zs E&P is $1,000. C sells 60 shares to Z for $1,800.

	a.	The redemption will be given dividend treatment.
	b.	The redemption will be given sale treatment under 302(b)(3), complete termination of interest.
	c.	It is impossible to tell whether the transaction will be given sale or dividend treatment.
	d.	None of the above.