During the Year, M, N, and O Formed a New

During the year, M, N, and O formed a new corporation.Solely in exchange for stock, M and N contributed appreciated property, while O contributed services.The exchanges of M and N will be nontaxable if

A) O receives 30 percent of the stock.
B) O receives 80 percent of the stock.
C) O receives 10 percent of the stock.
D) M and N receive 50 percent of the stock.
E) None of the above