A Corporation Sells Property (Basis of $90,000) to Its Sole

A corporation sells property (basis of $90,000) to its sole shareholder for $80,000, the fair market value of the property.With respect to the sale,

A) The corporation has a tax loss of $10,000.
B) The shareholder has a constructive dividend of $10,000.
C) The shareholder has a basis of $80,000 in the property.
D) The corporation does not recognize a tax loss but reduces its E & P account $90,000.
E) None of the above.