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Green Corporation assets are valued at 920,000 after payment of all corporate debates, except for 134,000 of taxes payable on net gains it recognized on

Green Corporation assets are valued at 920,000 after payment of all corporate debates, except for 134,000 of taxes payable on net gains it recognized on the liquidation. Bruno, an individual and the sole shareholder of Green inc, has a basis of 280,000 in his stock. Compute the gain or loss recognized by Bruno on the liquidation of Green Corporation.

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