On july 20X$ Alan sole proprietor of K, transferred all of K's assets to M Inc. a new corporation , soley for a certain percentage of M's stock. Clyde who is not related to Alan, also bought some of M's stock on July 1. M's outstanding capital stock consistes of 1,000 shares of common stock. For the transfer of K's assets to be tax freewhat is the minimum number of shares of M's stock that Alan and Clyde must own immediately after the exchange? A) 500 B) 501 C) 800 D) 801