HCorp. has two shareholders: Hannah $70\%$ and Hans $30\%.$ It distributes the following assets in a complete liquidation:

Land $($to Hans$)$ FMV $$150,000,$ Basis $$120,000$

Inventory $($to Hannah$)$ FMV $$60,000,$ Basis $$45,000$

Building $($to Hannah$)$ FMV $$280,000,$ Basis $$315,000$

Cash $($to Hannah$)$ $$10,000$

How much total gain or loss will HCorp. recognize on this liquidation?