Enter problem statement appropriate input type, and other instructions here ABC Corporation (ABC owns 90% of the single dess of stock in Subsidiary Corporation The other 10% is owned by Rosie, individual. ABC's basis in its subsidiary stock is $ 200,000 and Roses buis is $90,000. Subsidiary distributes property A having an adjusted basis of $150,000 and an FMV of $720,000 to ABC, and property with a FMV of $80,000 and an adusted basis of $60,000 to Rosle na liquidating distribution Subsidiary had $10 million of comings and profits at the date of liquidation What gain or loss must subsidiary recognize on the liquidating distribution O A No gain on itser Property AB O $20,000 gain on Property and $570,000 gain on Property A OG 120.000 gain on Property OD 5570,000 an on Property A