The Following Persons Own Rome Corporation, a Foreign Corporation Kyle Is Freddy's Son

The following persons own Rome Corporation, a foreign corporation. $$\begin{array} { l l } \text { Freddy, U.S. individual } & 25 \% \\\text { Jeffrey, U.S. individual } & 20 \% \\\text { Kyle, U.S. individual } & 8 \% \\\text { Jerome, U.S. individual } & 15 \% \\\text { Juan, foreign individual } & 32 \%\end{array}$$ Kyle is Freddy's son.None of the other shareholders are related.Subpart F income for the tax year is $500,000.No distributions are made.Which of the following statements is correct?

A) Rome Corporation is not a CFC.
B) Juan includes $160,000 in gross income.
C) Kyle includes $40,000 in gross income.
D) Kyle is not a U.S.shareholder.
E) None of the above statements is correct.