Bridgeport Corporation owned $44500$ shares of Sunland Corporation. These shares were purchased in $2022$ for $$400500\mathrm{.}0$ n November $15,2026,$ Bridgeport declared a propertydividend of one share of Sunland for every ten shares of Bridgeport held by a stockholder. On that date, when the market price of Sunland was $$28$ per share, there were $400500$ shares of Bridgeport outstanding What gain and net reduction in retained earnings would result from this property dividend?

$\backslash$table$[[$Gain$,\backslash$table$[[$Net Reduction in$],[$Retained Earnings$]]],[$$$760950,$$$160200$