Sarah, Allison, and Katelynn own 400 shares, 400 shares, and 200 shares, respectively, in Florida Corporation (E & P of $750,000). Allison is Sarahs sister, and Katelynn is Sarahs aunt. Florida Corporation redeems all of Sarahs stock for $420,000. Sarah paid $200 a share for the stock five years ago. Sarah continued to serve on Floridas board of directors after the redemption. Is this a qualified or a nonqualified redemption? Explain and show calculations.