Orange Corporation Distributes Property Worth $200,000,basis of $140,000,to a Shareholder

Orange Corporation distributes property worth $200,000,basis of $140,000,to a shareholder in a distribution that is a qualifying stock redemption.The property is subject to a liability of $90,000,which the shareholder assumes.The basis of the property to the shareholder is:

A) $50,000.
B) $110,000.
C) $140,000.
D) $200,000.
E) None of the above.