Question 1 (6.66 points) Amanda, Barbara, and Carol, unrelated individuals, own all of the stock in New Corporation (E & P of $3.0 million) as follows: Amanda, 600 shares; Barbara, 200 shares; and Carol, 100 shares. New redeems 150 of Amanda's shares (basis of $600,000) for $1,200,000. With respect to the distribution in redemption of the stock: A) Amanda has dividend income of $600,000 B) Amanda has dividend income of $1.200,000 C) Amanda has capital gain of $1.200.000 D Amanda has capital gain of $600,000