Question 42 of 44 3 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 $20 million. At that time, FORco had $7 million of undistributed earnings and profits and $2 million of foreign income taxes. USAco's stock basis was $10 million immediately prior to the sale. As a result of the sale, USAco's taxable income is