Arnold Corporation plans to acquire all the assets of Turner Corporation in an asset-for-stock exchange. Turner's assets have a $600,000 adjusted basis and a $1 million FMV. Which of the following transactions qualify as a Type C reorganization (assuming Turner liquidates as part of the reorganization)?a. The assets are exchanged for $800,000 of Arnold voting common stock and $200,000 of cash. b. The assets are exchanged for $800,000 of Arnold voting common stock and $200,000 of Arnold bonds. c. The assets are exchanged for $1 million of Arnold nonvoting preferred stock. d. The assets are exchanged for $700,000 of Arnold voting common stock and Arnold's assumption of $300,000 of Turner's liabilities. e. The assets are exchanged for $700,000 of Arnold voting common stock, Arnold's assumption of $200,000 of Turner's liabilities, and $100,000 in cash.