Question: only need the answer, don't need the step. Please answer ASAP! Question 1 5 pts Shareholder owns 100% of both corporations A and B. Corporation

only need the answer, don't need the step. Please answer ASAP!

Question 1 5 pts Shareholder owns 100% of both corporations A and B. Corporation B purchases 50% of Corporation A's stock (from Shareholder) for $100,000. Shareholder's basis in the sold stock was $50,000. Each corporation has $100,000 E&P before the redemption. Shareholder recognizes income of: 0 $100,000 0 $0 0 $75,000 O $50,000

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