Question 5 of 5 2 Points Click to see additional instructions Piper, a US citizen owns 100% of the stock of FORco, a foreign manufacturing and sales subsidiary. In 2020, FORco had $10 million of income from the manufacturing and sale of widgets in Europe and paid $3 million in foreign income taxes. FORco distributed no dividends. In January of 2020, FORco invested/deposited $7 million with a US Bank earning 1% annual interest (US sourced income). What are the U.S. tax consequences (if any) to Piper? Piper must include in gross income her share of FORco's Subpart F income (Investment of Earnings in US Property), which is Question 2 of 5 2 Points Which of the following can be considered an investment in US property by a wholly owned CFC of a US shareholder: A. Loan to a US subsidiary of its US owner. B. Loan to an unrelated domestic corporation. C. Deposits in a US bank. D. All of the above. Reset Selection