Tyrone and Andrew formed Blue Corporation three years ago. Both Tyrone and Andrew transferred appreciated property to Blue in exchange for 50 shares each in the corporation. The original transfers qualified under $351, and neither Tyrone and Andrew was taxed on the exchange. in the current year, Tyrone transfers property (worth $90,000, adjusted basis of $5,000) for 50 additional Blue shares. Is this a $351 transfer? O a. No and the original transactions no longer are qualified as Tyrone only owns 66.67% of the stock O b. No and he has a $5,000 gain on the transfer C. Yes Tyrone and Andrew own 100% before and after the transaction so we fine O d. No and he has a $85,000 gain on the transfer e. Yes, if he can get Andrew just to transfer a $1 in, it will qualify Which are the basic requirements for Code Section 351 transactions? (Multiple answers possible. Incorrect answers will be subtracted from the correct answers and selecting all of the answers will result in an incorrect answer) a. exchange for bonds or other indebtedness b. requires two or more people c. parties must control at least 50% d. parties must control at least 80% B e. exchange for stock f. parties must control at least 75% g. there must be "boot