If instead M Corp. had redeemed 1,000 shares of Hunter with a $4,000 basis, 500 of his father's shares, 500 of his mother's shares, 9,000 of his grandfather's shares, and 9,000 of Bill's shares, Hunter would treat the $30,000 distribution from M Corporation as Group of answer choices None of these. $26,000 capital gain $30,000 distribution subject to Code 301 $30,000 dividend

A) None of these.

B) $26,000 capital gain

C) $30,000 distribution subject to Code 301

D) $30,000 dividend