The stock in Brown Corporation is owned by 80% by Ben and 20% by Jacob, father and son. In a liquidating distribution Brown distributes land that it purchased 2 years ago for $675,000 to Jacob. The property has a FMV on the date of distribution of $450,000. What loss, if any, will Brown Corporation recognize with respect to the distribution of land? $450,000$275,000$0$45,000