Enter problem statement propriate but type, and other instruction here ABC Corporation (ADC Youns 30% of the single class of stock in Subsidiary Corporation The 10% is owned by Rome an individual ABC basis in its Subdiary shocks 5 200,000 and Rotita 500.000 Subudiary distributes property Ahaving andsted basis of $150.000 and an FMV of 3720,000 to ABC, and property with a FMV of 580,000 and an adjusted basis of 500,000 to Roti in aliquidating distribution Subsidiary had $10 milion of aming and prots at the date of liquidation What gain or loss munt Subsidiary recoge on the liquidating distribution ? OA $20.000 gain on Property OB. No gun on Property or OC 20.000 gun on Property and 5570.000 win on Property OD $70.000 gain on Property Enter problem statement propriate but type, and other instruction here ABC Corporation (ADC Youns 30% of the single class of stock in Subsidiary Corporation The 10% is owned by Rome an individual ABC basis in its Subdiary shocks 5 200,000 and Rotita 500.000 Subudiary distributes property Ahaving andsted basis of $150.000 and an FMV of 3720,000 to ABC, and property with a FMV of 580,000 and an adjusted basis of 500,000 to Roti in aliquidating distribution Subsidiary had $10 milion of aming and prots at the date of liquidation What gain or loss munt Subsidiary recoge on the liquidating distribution ? OA $20.000 gain on Property OB. No gun on Property or OC 20.000 gun on Property and 5570.000 win on Property OD $70.000 gain on Property