During the current year, Kathy sells her entire interest in Crystal Corporation common stock for $44,000. She is the sole shareholder, and originally organized the corporation several years ago by contributing $115,000 in exchange for her stock, which qualifies as Sec. 1244 stock. Since its incorporation, Crystal has been involved in the manufacture of items that protect personal computers from static electricity. Unfortunately, this market is extremely competitive, and Crystal Corporation incurs substantial losses throughout its existence. Read the requirements. Requirement a. Assuming Kathy is single, what are the amount and the character of the loss recognized on the sale of the Crystal Corporation stock? (Complete all input fields. Enter a "0" for any zero balances.) Assuming Kathy is single, she will recognize an ordinary loss of If Kathy is single she will recognize a long-term capital loss of Requirements a. Assuming Kathy is single, what are the amount and the character of the loss recognized on the sale of the Crystal Corporation stock? b. Assuming Kathy is married and files a joint return, what are the amount and the character of the loss recognized on the sale of the Crystal Corporation stock? c. How would your answer to Part a change if Kathy had originally purchased the stock from another shareholder rather than organizing the corporation? d. How might Kathy have structured the transaction in Part a to receive a greater tax advantage