Dried Fruit Corp. has had a valid S Corp election in effect at all times since its incorporation. The Dried Fruit Corp. stock is owned one-third by Raisin and two-thirds by Prune. All shareholders are US resident citizen individuals. At the beginning of the current year, Raisins basis in his shares was $24,000 and Prunes basis in her shares was $8,000. During the current year, Dried Fruit Corp. earned $144,000 of net income from operations. Raisins share was $48,000; Prunes share was $96,000. On December 31st, Dried Fruit Corp. distributed Grapeacre (real property) having a fair market value of $48,000, and a basis of $32,000, to Raisin and Plumacre (real property) having a fair market value of $96,000 and a basis of $88,000, to Prune. How much gain does Prune recognize as a result of this transaction?