Tan, Inc, Sold a Forklift on April 12, 2014, for $8,000

Tan, Inc., sold a forklift on April 12, 2014, for $8,000 (its FMV) to its 100% shareholder, Ashley. Tan's adjusted basis for the forklift was $12,000. Ashley's holding period for the forklift:

A) Includes Tan's holding period for the forklift.
B) Begins on April 12, 2014.
C) Begins on April 13, 2014.
D) Does not begin until Ashley sells the forklift.
E) None of the above.