UESTION TO Koblenz Corporation acquired Land in a Section 351 Transfer in 2018. The Land had an Adjusted Basis of $600,000 and a Fair Market Value of $550,000 on the date of the transfer. Koblenz Corporation has two (2) shareholders, Mainz and Baden, who are not related to each other. Mainz owns sixty percent (60%) of the stock of Koblenz Corporation and Baden owns forty percent (40%) of the stock of Koblenz Corporation. Koblenz Corporation adopts a plan of Complete Liquidation in 2020. At the time of distribution of the Land pursuant to the Liquidation plan, the Land had decreased in value to $400,000. Koblenz Corporation distributes the Land to Mainz. What amount of the Loss may Koblenz Corporation recognize on the distribution of the Land to Mainz? $200,000. $150,000. O $ 50,000. O $ -0