登录之后可查看解析

D is corrent. The requirement is to determine the amount of Schliedenglooben Corp.’s recognized loss resulting from the distribution of marketable securities in complete liquidation. Generally, a corporation will recognize gain or loss on the distribution of its property in complete liquidation just as if the property were sold to the distributee for its fair market value. Since the marketable securities were a capital asset and held for more than one year, the distribution results in a long-term capital loss of $80,000 — $40,000 = $40,000.
A is incorrect. The $40,000 loss can be recognized. 
B is incorrect. It is a capital loss since the securities were held as an investment. 
B is incorrect. It is a capital loss since the securities were held as an investment.