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Khrystyna Corporation distributes property (basis $10,000 and FMV $20,000) to its shareholder. Khrystyna Corporation recognizes a gain of (1) and its E&P is increased by
Khrystyna Corporation distributes property (basis $10,000 and FMV $20,000) to its shareholder. Khrystyna Corporation recognizes a gain of (1) and its E&P is increased by (2) and decreased by (3) . (20 Points)
A)$0, $0, and $20,000
B)$20,000, $10,000, and $10,000
C) $20,000, $0, and $0
D) $10,000, $10,000, and $20,000
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