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Jos 600 shares of Oubo Inc, Debbie owns 200 shares of Ouboo Inc, and Heather owns 200 shares of Cubico Inc. is Heather mother Debbie

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Jos 600 shares of Oubo Inc, Debbie owns 200 shares of Ouboo Inc, and Heather owns 200 shares of Cubico Inc. is Heather mother Debbie surrelated to and Hatter. On ne 30 2010. Cubico redeem 250 shares of stock from Jureceive $350.000 from Cubo and the stock redeemed as a basis of $300,000 Cuscolhas earnings and profits of 51.000.000. As a result of this redemption what gain or income must recognize OA 350.000 dvidenc income O. 350.000 de come Cos 0.000 capitan OD 500.000 plain

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