QUESTION 15 Zoe, an adul received Premed Stock Corporation The stock had a Section 306 Tain of $200,000 and Zoe property located a bas Montaxat Stock Dividend on the Common Stock she has had a Nontaxable Stock Dividend Zoe sets the Preferred Stock so Escobar an unrelated partys for $270.000 Under these $40.000 Preferred O Zoe has Ordinary Income of $245.000 and a Tax-Free Retum Of Capital of $25.000 O Zoe has Ordinary Income of $270,000 O Zoe has Ordinary Income of $200,000 and a Long-Term Capital Gain of $30,000 O Zoe has Ordinary Income of $230,000 and a Long-Tenn Capital Gain of $40,000 four ck One (1) years t which of the wing QUESTION 16 Dionne owns forty-nine (49) shares of the one hundred (100) shares of outstanding stock in Vernetha Corporation. Dionne has a basis of $200 per share in her stock which she purchased teen (15) years ago. Vernetha Corporation redeems ten (10) of Dionne's shares of stock for $1,000 per share. As a result of this Stock Redemption, which of the following is correct? (Assume Vemetha Corporation has substantial Eamings And Profits (EAP) O Dionne has a Long-Term Capital Gain of $10,000 O Dionne has Taxable Dividend Income of $8.000 Dionne has a Long-Term Capital Gain of $8,000. O Dionne has Taxable Dividend Income of $10,000.