Hummingbird Corporation has 1,000 shares of common stock outstanding owned by unrelated parties as follows: Juan 300 shares, Erika 300 shares, and Dalissa 400 shares. Each of the three shareholders paid $75 per share for the hummingbird stock 10 years ago. Hummingbird has 800,000 of accumulated E & P and 40,000 of current E & P. In January of the current year, Hummingbird distributes land held as an investment (adjusted basis of 260,000, fair market value 220,000) to Dalissa in redemption of all 400 of her shares. In December of the current year, Hummingbird distributes securities held as an investment (adjusted of 90,000, fair market value of 110,000) to Erika in redemption of 200 of her shares. A. What are the tax results to Dalissa on the redemption of her Hummingbird stock? B. What are the tax results to Erika on the redemption of her Hummingbird stock C. What gain or loss is recognized by to Hummingbird Corporation on the two redemptions