Home, Inc. purchased 100% of the outstanding common stock of Lander Co. for $1,500,000. The FMV of the net assets of Lander Co. was $1,400,000, and the BV of the net assets of Lander Co. was $1,300,000. The amount of gain recognized by Lander Co. on this transaction would be: a) $0 b) $1,500,000 c) $100,000 d) $200,000