Question $10$

$\frac{0}{1}$ pts

Dried Fruit Corp. has had a valid S Corp election in effect at all times since its incorporation. The Dried Fruit Corp. stock is owned one$-$third by Raisin and two$-$thirds by Prune. All shareholders are US resident citizen individuals. At the beginning of the current year, Raisin's basis in his shares was $$3,000$ and Prune's basis in her shares was $$1,000.$ During the current year, Dried Fruit Corp. earned $$18,000$ of net income from operations. Raisin's share was $$6,000$; Prune's share was $$12,000.$ On December $31$st$,$ Dried Fruit Corp. distributed Grapeacre $($real property$)$ having a fair market value of $$6,000,$ and a basis of $$4,000,$ to Raisin and Plumacre $($real property$)$ having a fair market value of $$12,000$ and a basis of $$11,000,$ to Prune. How much gain does Prune recognize as a result of this transaction?

$$0$

$$2,000$

$$

$$ $$3,000$