Rose Corporation has 1,000 shares of common stock outstanding. Rose also has cumulative E&P of $850,000. The FMV per share is $1,000. Ownership is Rose is as follows: Alexis Rose- 400 shares, paid $200 per share eight years ago. Moira Rose- 200 shares (Alexis's mother) David Rose- 400 shares (Alexis's brother) Alexis is considering reducing her stock ownership because she is moving to the Galapagos. Rose corporation would distribute cash for a stock redemption of her shares. What are the minimum number of shares Alexis would have to redeem to obtain favorable long-term capital gain treatment? What are the overall tax consequences of a redemption, to both her and to Rose Corporation?