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Flyman, Inc., sold a piece of machinery on June 1 5 , 2 0 2 3 for $ 1 5 , 0 0 0 (

Flyman, Inc., sold a piece of machinery on June 15,2023 for $15,000(its FMV) to its 100% shareholder, Aaron. Flyman's adjusted basis for the machinery was $21,000. Aaron's holding period for the
machinery:
a. Begins on June 14,2023.
b. Does not begin until Aaron sells the machinery.
c. Includes Flyman's holding period for the machinery.
d. Begins on June 15,2023.
e. Begins on June 16,2023.
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