Homewood Corporation adopts a plan of liquidation on June $15$ and shortly thereafter sells a parcel of land on which it realizes a $$50,000$ gain $($excluding the effects of a $$5,000$ sales commission$).$ Homewood pays its legal counsel $$2,000$ to draft the plan of liquidation. The accountant fees for the liquidation are $$1,000,$ which are also paid during the year. What is Homewood Corporation's realized gain on the sale of land and deductible liquidation expenses?