Truck Corporation owns 90% of the single class of slock in Car Corporation. The other 10% is owned by Ellon, an individual Truck's basis in its Car Corporation stock is $102,000 and Elion's basis is $52,000. Car Corporation distributos properfy having an adjusted basis of $153,000 and an FMV of $550,000 to Truck Corporation, and $87,000 of monoy to Elton as a liquidating distribution. Car and Truck Corporations must recognize gain of: A) b) c) (D)