Windmill Corporation, a Dutch corporation, is owned by the following unrelated persons: $50$ percent by a U$.$S$.$ corporation, $5$ percent by a U$.$S$.$ individual, and $45$ percent by a Swiss corporation. During the year, Windmill earned $$2,000,000$ of subpart F income. Which of the following statements is true about the application of subpart F to the income earned by Windmill?

Multiple Choice

Windmill is a Controlled Foreign Corporation $($CFC$)$ and the U$.$S$.$ corporation and U$.$S$.$ individual will have a deemed dividend of $$1,000,000$ and $$100,000,$ respectively.

Windmill is a Controlled Foreign Corporation $($CFC$)$ and only the U$.$S$.$ corporation will have a deemed dividend of $$1,000,000.$

Windmill is a Controlled Foreign Corporation $($CFC$)$ and the U$.$S$.$ corporation, U$.$S$.$ individual, and Swiss corporation will have a deemed dividend of $$1,500,000,$ $$100,000,$ and $$900,000,$ respectively.

Windmill is not a Controlled Foreign Corporation $($CFC$)$ and none of the shareholders will have a deemed dividend under subpart F$.$