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Dahlia Corporation has 1,000 shares of common stock outstanding. Brooklyn owns 400 of the shares,...

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Accounting

Dahlia Corporation has 1,000 shares of common stock outstanding. Brooklyn owns 400 of the shares, Brooklyns brother owns 300 shares, Brooklyns daughter owns 100 shares, and Hosta Corporation owns 200 shares. Brooklyn owns 60% of the stock in Hosta Corporation. How many shares is Brooklyn deemed to own in Dahlia Corporation under the attribution rules of 318?

(Give an explanation for your answer)

a.400.

b.500.

c.620.

d.800.

e.None of the above.

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