Bramble Corporation owned 16000 shares of Carla Vista Corporation. These shares were purchased in 2022 for $134000. On November 15, 2026, Bramble declared a property dividend of one share of Carla Vista for every ten shares of Bramble held by a stockholder. On that date, when the market price of Carla Vista was $30 per share, there were 134000 shares of Bramble outstanding. What gain and net reduction in retained earnings would result from this property dividend