Identify the following transactions:C Inc. distributes all stock in its wholly-owned subsidiary B Inc.to its shareholders.C Inc. distributes all stock in its wholly-owned subsidiary BInc. to a 30 percent shareholder in exchange for the shareholdersstock.C Inc. liquidates B Inc. and distributes the proceeds to itsshareholders.C Inc. transfers its two divisions to two new corporationsdistributes the stock in the new corporations to its shareholdersand then liquidates.