Matt and Sheila form Krupp Corporation. Matt contributes property with an FMV of $55,000 and a basis of $35,000. Sheila contributes property with a FMV of $75,000 and a basis of $40,000. Matt sells his stock to Paul shortly after the exchange. The transaction will A)Not qualify under Sec. 351. B)Qualify under Sec. 351 if Matt can show that the sale to Paul was not part of the prearranged plan. C)Qualify with respect to Sheila under Sec. 351 whether Matt qualifies or not. D)Qualify under Sec. 351 only if an advice ruling has been obtained. What is the correct answer? Please help