Brad Owns 100 Shares of AAA Corporation with a Basis

Brad owns 100 shares of AAA Corporation with a basis of $6,000 and a FMV of $24,000. Brad receives 15 stock rights as a nontaxable distribution with a total FMV of $6,000. Brad allows the stock rights to expire. Brad's loss recognized and the basis of the original 100 shares after expiration of the stock rights is

A) $0 and $6,000.
B) ($1,200) and $4,800.
C) ($1,200) and $6,000.
D) $0 and $4,800.