Vinnie owns 100% of the stock of Lime Corporation. In the current year Vinnie transfers an installment obligation, tax basis of $150,000 and fair market value of $300,000, for additional stock in Lime worth $300,000.

A. Vinnie recognizes no taxable gain on the transfer.

B. Vinnie has a taxable gain of $150,000.

C. Vinnie has a taxable gain of $300,000.

D. Vinnie has a basis of $300,000 in the additional stock she received in Lime Corporation.

E. None of the above.