Sure - I remember thinking this was a really tough question.
The first thing is that you'll want to read for the scale. It gets set up pretty clearly at the beginning of the third paragraph where we see the author arguing that Lichtenstein was not simply rebelling - there was more to it. Then the author goes on to tell us all the great things in that "more to it."
Let's work wrong-to-right
(A) starts off good, but end with an unsupported statement. We don't learn that Lichtenstein is trying to re-create anything.
(B) looks good
(C) is out of scope - there's no discussion of his work being recognized as fine art.
(D) looks good too!
(E) is tempting, but where's the discussion of parody? Also, do we really learn his art is sophisticated for reconciling anything?
Back to (B). First part: not only parody. Check. Second part: also going for realism and nostalgia. Check
Let's hopefully eliminate (D). First part: not only parody. Check. Second part: rebelling against only last part of abstract expressionism. Check. BUT where's the nice stuff in the last paragraph.

Seems like we felt different answers were tempting, but I hope that was helpful regardless.
BTW, I love this passage - not only is it a tricky scale, it's also helped me sound much more informed about pop art.
