Exercise 6-28 (Algorithmic) (LO. 2) Indigo Corporation wants to transfer cash of $598,200 or property worth $598,200 to one of its shareholders, Brianna, in a redemption transaction that will be treated as a qualifying stock redemption. If Indigo distributes property, the corporation will choose between two assets that are each worth $598,200 and are no longer needed in its business: Property A (basis of $299,100) and Property B (basis of $777,660). a. Compute Indigo's recognized gain or loss if it distributes Property A in redemption of Brianna's shares. The distribution of Property A would result in a realized of $ to Indigo, of which $ is recognized. b. Compute Indigo's recognized gain or loss if it distributes Property B in redemption of Brianna's shares. The distribution of Property B would result in a realized of $ to Indigo, of which $ is recognized. c. Compute Indigo's recognized gain or loss if it sells Property B to an unrelated party, then distributes the sale proceeds in redemption of Brianna's shares. A sale of Property B to an unrelated party would result in a realized to Indigo, of which $ is recognized. of $