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ZOM Corporation is owned 2 0 percent by Zhi, 3 0 percent by Obi, 3 0 percent by Mumtaz, and 2 0 percent by Y

ZOM Corporation is owned 20 percent by Zhi, 30 percent by Obi, 30 percent by Mumtaz, and 20 percent by Y Corporation. Y Corporation is owned 70 percent by Zhi and 30 percent by an unrelated party. Mumtaz and Obi are siblings. Answer each of the following questions about ZOM under the constructive ownership rules of Section 267:If an amount is zero, enter "0".Question Content Areaa. What is Zhi's percentage ownership?fill in the blank 1 of 1%Question Content Areab. What is Obi's percentage ownership?fill in the blank 1 of 1%Question Content Areac. What is Mumtaz's percentage ownership?fill in the blank 1 of 1%Question Content Aread. If Obi sells property to ZOM for a $6,000 loss, what amount of that loss can be recognized for tax purposes (before any annual limitations)?fill in the blank 1 of 1$

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