Gary and Laura decided to liquidate their jointly owned corporation, Amelia, Incorporated. After liquidating its remaining inventory and paying off its remaining liabilities, Amelia had the following tax accounting balance sheet. Appreciation Cash Building Land Adjusted tax basis $ 162,000 190,000 85,200 $ 437,200 FMV $ 162,000 244,000 167,600 $ 573,600 54,000 82,400 $ 136,400 Total Under the terms of the agreement, Gary will receive the $162,000 cash in exchange for his interest in Amelia. Gary's tax basis in his Amelia stock is $48,600. Laura will receive the building and land in exchange for her interest in Amelia. Laura's tax basis in her Amelia stock is $97,200. What amount of gain or loss does Gary recognize in the complete liquidation