Question 12 10 pts U-Pick Fruit Corpa C Corporation was formed many years ago as a you pick farm where customers can pick various types of fruits fresh from the source. Strawberry owned 500 out of 1,000 shares of common stock of U-Pick Fruit Corp. Her basis in the stock was $15.500.000. U.Pick Fruit Corp. liquidated, and in the process, after the corporation paid all of its debts, it distributed to Strawberry the following assets: 531 million in cash, and Berryacre, a parcel of real estate previously used in its trade or business (U-Pick Fruit's adjusted basis in Berryacre was $46,500,000 and the fair market value at date of distribution was $155.000.000, How much gain (loss) does U-Pick Fruit Corp. recognize due to these transactions? $170.500,000 $139,500,000 $108,500,000 5124,000,000