U Pick Fruit Corp., a C Corporation, was formed many years ago as a you pick farm where customers can pick various types of fruits fresh from the woren. Strawberry owned 500 out of 1,000 shares of common stock of U-Pick Fruit Corp. Her basis in the stock was 516,000,000 U-Pick Fruit Corp, liquidated and in the process, after the corporation paid all of its debts, it distributed to Strawberry the following assets: $32 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 $48,000,000 and the tail market value date of distribution was $160,000,000). How much gain (los) does U-Pick Fruit Corp. recognize due to these transactions? $128.000.000 $112.000.000 5176.000.000 $144.000.000