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 $87,000 and Prunes basis in her shares was $29,000. During the current year, Dried Fruit Corp. earned $522,000 of net income from operations. Raisins share was $174,000; Prunes share was $348,000. On December 31st, Dried Fruit Corp. distributed Grapeacre (real property) having a fair market value of $174,000, and a basis of $116,000, to Raisin and Plumacre (real property) having a fair market value of $348,000 and a basis of $319,000, to Prune. How much gain does Raisin recognize as a result of this transaction?