Robert and Lori (Roberts sister) own all of the stock in Swan Corporation (E & P of $1 million). Each owns 500 shares and has a basis of $85,000 in the shares. Robert wants to sell his stock for $600,000, the fair market value, but he will continue to be employed as an officer of Swan Corporation after the sale. Lori would like to purchase Roberts shares and, thus, become the sole shareholder in Swan, but Lori is short of funds. What are the tax consequences to Robert, Lori, and Swan Corporation under the following circumstances? a. Swan Corporation distributes cash of $600,000 to Lori, and she uses the cash to purchase Roberts shares. b. Swan Corporation redeems all of Roberts shares for $600,000.