Problem $18-65($LO $18-4)($Static$)$

Bonnie and Clyde are the only two shareholders in Getaway Corporation. Bonnie owns $60$ shares with a basis of $$3,000,$ and Clyde owns the remaining $40$ shares with a basis of $$12,000.$ At year$-$end, Getaway is considering different alternatives for redeeming some shares of stock. Evaluate whether each of the following stock redemption transactions will qualify for sale and exchange treatment.

Note: Leave no answer blank. Enter zero if applicable.

Required:

Getaway redeems $10$ of Bonnie's shares for $$2,000.$ Getaway has $$20,000$ of E&P at year$-$end and Bonnie is unrelated to Clyde.

Getaway redeems $25$ of Bonnie's shares for $$4,000.$ Getaway has $$20,000$ of E&P at year$-$end and Bonnie is unrelated to Clyde.

Getaway redeems $10$ of Clyde's shares for $$2,500.$ Getaway has $$20,000$ of E&P at year$-$end and Clyde is unrelated to Bonnie