IX. (4 Points) Hummingbird Corporation has 100 shares of common stock outstanding owned as follows: Juan, 50 shares and Rosa (an unrelated party), 50 shares. Juan and Rosa each paid $1,000 per share for the Hummingbird stock 10 years ago. Hummingbird has $100,000 of accumulated E & P and $20,000 of current E & P. Hummingbird distributes land held as an investment (fair market value of $80,000, adjusted basis of $30,000) to Rosa in redemption of 25 of her shares. a. What are the tax results to Rosa on the redemption of her Hummingbird stock [include dollar amounts](including type of gain or loss)? b What gain or loss results to Hummingbird Corporation on the redemption [include dollar . amounts] (including type of gain or loss)