Question 3 of 4 4 Points Click to see additional instructions FORco is a wholly-owned manufacturing subsidiary of USAco, a domestic corporation. USAco has been FORco's sole shareholder since FORco was organized. At the end of 2020, USAco sells all of FORco's stock to an unrelated foreign buyer for $30 million. At that time, FORco had $15 million of undistributed earnings and profits and $5 million of foreign income taxes. USAco's stock basis was $10 million immediately prior to the sale. Assuming the U.S. corporate tax rate is 21%, what are the U.S. tax consequences to USAco? USAco's residual US tax is Question 3 of 4 4 Points Click to see additional instructions FORco is a wholly-owned manufacturing subsidiary of USAco, a domestic corporation. USAco has been FORco's sole shareholder since FORco was organized. At the end of 2020, USAco sells all of FORco's stock to an unrelated foreign buyer for $30 million. At that time, FORco had $15 million of undistributed earnings and profits and $5 million of foreign income taxes. USAco's stock basis was $10 million immediately prior to the sale. Assuming the U.S. corporate tax rate is 21%, what are the U.S. tax consequences to USAco? USAco's residual US tax is