Please read the below facts and answer the question that follows:

Reed Inc., a corporation organized in Bermuda, is owned by the following shareholders

Steven, a US citizen, owns 10% of the voting power and 20% of the value

Alan, a US citizen, owns 9% of the voting power and 10% of the value

Able, a US citizen, owns 20% of the vote and 20% of the value

David, a French citizen with no connection to the US, owns 26% of the vote and 30% of the value

Harold, Inc. a corporation organized in Ireland, owns 20% of the vote and 20% of the value

Sky, Inc., a US corporation, owns 15% of the voting power

Which of the following statements is correct?

a. Reed is a CFC

b. Alan needs to include his pro rata share of Subpart F income

c. If all of Reed's income is passive income, Reed would be a PFIC

d. All of the above

e. Both A and C

Can you help me please by explaining your thought process. thank you