Question 4 2 pts At the formation of Berry Partnership, Straw contributes land with a basis of $190,000 and a fair market value of $570,000, and Rasp contributes cash of $570,000. Straw and Rasp share profits and losses equally. When the land is sold two years later for $950,000, Rasp must recognize a gain of how much? $760,000 $570,000 $380,000 O $190,000