Magenta, Inc

Magenta, Inc., sold a forklift on April 12, 2012, for $3,000 (its FMV) to its 100% shareholder, Anna. Magenta's adjusted basis for the forklift was $8,000.Anna's holding period for the forklift:

A) Includes Magenta's holding period for the forklift.
B) Begins on April 12, 2012.
C) Begins on April 13, 2012.
D) Does not begin until Anna sells the forklift.
E) None of the above.