For the last five years, Alyssa and Frank each have owned 110 of the 220 outstanding shares of Zeus Corporation stock. Alyssa transfers land having a(n) $34,500 basis and a(n) $49,500 FMV to Zeus for an additional 55 shares of Zeus stock. Frank transfers $900 cash to Zeus for one additional share of Zeus stock.

What amount of the gain or loss must Alyssa recognize on the exchange? Alyssa realizes a(n) s and recognizes If the transaction does not meet the Sec. 351 requirements, suggest ways in which it can be structured so as to meet these requirements O A. Frank must receive the exact amount of stock as Alyssa in exchange for property with the exact same value as the property contributed by Alyssa in order to meet the Sec. 351 requirements. B Alyssa must receive more than a nominal amount of stock n exchange for her property. for $79,200), her stock likely would be counted for control purposes, and the Sec. 351 requirements would be met. A y sa obtained additional stock worth at least 80% of the value of the stock she aeady owned Le at least 88 shares of stock in e hange O C. The transaction, as it is currently structured, meets the Sec. 351 requirements. O D. Frank must receive more than a nominal amount of stock in exchange for his property. If Frank obtained additional stock worth at least 10% of the value of the stock he already owned (i.e., at least 11 shares of stock in exchange for $9,900), his stock likely would be counted for control purposes, and the Sec. 351 requirements would be met