Scott received only stock of Little Grove Corporation in exchange for $10,000 cash and business equipment valued at $50,000. Immediately following the exchange, Scott owned 81% of the total combined voting power of all classes of stock and 83% of all other classes of stock. Can Scott apply the general non-recognition provision of Section 351? Yes, Scott meets all the general requirements. O No, Scott fails to secure adequate control of the corporation. O No, as a shareholder, Scott must be a corporation. No, Scott must receive property other than stock in exchange for his property. O None of the answers are correct