Please help me solve this

Problem 20-28 (10.1, 4) Last year, Pink Corporation acquired land and securities in a $ 351 tax-free exchange. On the date of the transfer, the land had a basis of $720,000 and a fair market value of $1,000,000, and the securities had a basis of $110,000 and a fair market value of $250,000. Pink Corporation has to shareholders, Maria and Paul, who are unrelated. Maria cwns 85% of the stock in the corporation, and Paul owns 15%. Pink adopts a plan of liquidation in the current year. On this date, the value of the land has decreased to $500,000. What is the effect of each of the following on Pink Corporation? If an amount is zero, enter '0". a. If Pink Corporation distributes all the land to Maria, the corporation has a realized loss of $ of which will be recognized Fedha Check My Work Sectiori 336/) provides that a corporation recognizes gain or loss or the distribution of property in a complete liquidation. The property is treated as if it were sold at its fair market value. This treatment is consistent with the notion of double taxation that is inherent in operating a business as a C corporation-once at the corporate level and again at the shareholder level. b. If all the land is distributed to Paul, Pink Corporation will have a recognized loss of $ Click My Wall Partially correct C. If 85% of the land is distributed to Maria and 15% to Paul: Maria has as loss on the distribution which is disallowed Paul has a si loss on the distribution which is allowed Foad Chuck My What Partially d. If 50% of the land is distributed to Maria and 50% to Paul, $ of the loss would be disallowed Feedback Check My Work Partially exact c. If the land is sold and the proceeds of $500,000 are distributed proportionately to Maria and to Paul, Pink Corporation would recognize a loss of Problem 20-28 (10.1, 4) Last year, Pink Corporation acquired land and securities in a $ 351 tax-free exchange. On the date of the transfer, the land had a basis of $720,000 and a fair market value of $1,000,000, and the securities had a basis of $110,000 and a fair market value of $250,000. Pink Corporation has to shareholders, Maria and Paul, who are unrelated. Maria cwns 85% of the stock in the corporation, and Paul owns 15%. Pink adopts a plan of liquidation in the current year. On this date, the value of the land has decreased to $500,000. What is the effect of each of the following on Pink Corporation? If an amount is zero, enter '0". a. If Pink Corporation distributes all the land to Maria, the corporation has a realized loss of $ of which will be recognized Fedha Check My Work Sectiori 336/) provides that a corporation recognizes gain or loss or the distribution of property in a complete liquidation. The property is treated as if it were sold at its fair market value. This treatment is consistent with the notion of double taxation that is inherent in operating a business as a C corporation-once at the corporate level and again at the shareholder level. b. If all the land is distributed to Paul, Pink Corporation will have a recognized loss of $ Click My Wall Partially correct C. If 85% of the land is distributed to Maria and 15% to Paul: Maria has as loss on the distribution which is disallowed Paul has a si loss on the distribution which is allowed Foad Chuck My What Partially d. If 50% of the land is distributed to Maria and 50% to Paul, $ of the loss would be disallowed Feedback Check My Work Partially exact c. If the land is sold and the proceeds of $500,000 are distributed proportionately to Maria and to Paul, Pink Corporation would recognize a loss of