When the IRS challenges the debt structure of a corporation, the challenge is called? a. corporate capitalization O b. who cares, this is getting tiresome for both of us c. improper debt structure O d. unreasonable debt to equity ratio e. thin capitalization Juan transfers $100,000 of equipment (basis of $30,000) to XYZ and gets 50% of the stock. Juanita transfers $80,000 in cash to the corporation. After she transfers the cash, Juan withdraws $20,000 so that they are both putting up $80,000. These all occurred as one transaction. Is this a Section 351 transaction. Which answer best fits this scenario? O a. Yes, It is a 351 but Juan has boot of $20,000 that he will have to pay tax on. O b. Yes, no services transferred and both had 100% at the end of the transaction O c. No, this transaction cannot be saved, it violates about 3 351 rules O d. Yes, and the corporation has a gain of $20,000 to report e. No, cash back taints the transaction, she should have given him the cash before putting it in the corporation