5. On January 1 of the current year, Pearl Corporation owned 90% of the outstanding stock of Seso Corporation. Both companies were domestic corporations. Pursuant to a plan of liquidation adopted by Seso in March of the same year, Seso distributed all of its property in September in complete redemption of all its stock. Seso's accumulated earnings were $18,000 on the distribution date. Seso had never been insolvent. Pursuant to the liquidation, Seso transferred to Pearl a parcel of land with a basis of $10,000 and a fair market value of $40,000 in redemption of its stock. How much gain must Seso recognize in the current year on the transfer of this land to Pearl? A. $0 B. $18,000 C. $27,000 D. $30,000