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Problem has 2 parts. Please help by showing step by step and formulas used. Thank you!

A, B and C own stock of Randall Corporation (E \& P $1,000,0000 ) as follows: A owns 400 shares, B owns 500 shares and Cowns 1500 shares. Randall redeems 300 shares of C for $250,000. C paid $2 per share What is the effect of redemtion on C. Same as above except Randall redeems 1200 shares for 400,000