Dried Fruit Corp. has had a valid S Corp election in effect at all times since its incorporation. The Dried Fru 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, Raisin's basis in his shares was $114,000 and Prune's basi in her shares was $38,000. During the current year, Dried Fruit Corp. earned $684,000 of net income from operations. Raisin's share was $228,000; Prune's share was $456,000. On July 1 st, Dried Fruit Corp. distributed $304,000 to Raisin and $608,000 to Prune. How much gain does Prune recognize as a result of this transaction? $76,000$114,000$38,000 $0