please include explanation.

cements D Question 7 100 Dried Fruit Corplashda vaid 5 Corp election in effect at a times since its incorporation The Deed Corn owned one-third by Rain and two-thirds by Prine Alleholders are US identitiren individual. At the begint of the current year, Falsin's basis in this shares wat $51.000 and Prestasis in her shares was $17.000. Din the Year, Dried Fruit Compe med 3.306.000 of net income from operations. Rain's sure was $102.000 Process $204000 On July 1st, Dried Fruit Corp. distributed $136.000 to Raisin and 5272,000 to Prunt. How much does Raisin recognize as a result of this transaction! $17.000 $54,000 351.00 .30 Next Previous