Jakub and Sylvia propose to have their corporation, Wolverine Universal $($WU$),$ acquire

another corporation, EMU Inc., in a tax$-$deferred triangular merger using an acquisition

subsidiary of WU$.$ The sole shareholder of EMU, Edie Eagle, will receive $$250,000$ plus $$150,000$

of WU voting stock in the transaction.

a$)$ Can the transaction be structured as a forward triangular merger? Explain why or why not.

b$)$ Can the transaction be structured as a reverse triangular merger? Explain why or why not.