Enter problem statement appropriate input type, and other instructions here. ABC Corporation (ABC )owns 90% of the single class of stock in Subsidiary Corporation. The other 10% is owned by Rosie an individual ABC bis ins Subsidiary stock is $ 200,000 and Rosie's basis is $90,000 Subsidiary distributes property A having an adjusted basis of $150,000 and an FMV of 5720.000 to ABC, and property with a FMV of $80,000 and an adjusted basis of 10,000 to Role in a liquidating distribution Subsidiary had $10 milion of earnings and profits at the date of Squidation What gain or lon munt ABC and Rose recognize on the liquidating debutions ? OA. ABC recognizes no gain or loss and Rose recognizes a $10,000 capital OB. ABC recognizes dividend income of 5720,000 and Rosie recognizes dividend income of $60,000 OC. ABC recognizes $520,000 capital gain and Rose recognizes a $10.000 capital oss OD. Neithe ABC Rosie recognize any gain or loss