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 source. Strawberry owned 500 out of 1,000 shares of common stock of U-Pick Fruit Corp. Her basis in the stock was $14,000,000. U-Pick Fruit Corp. liquidated, and in the process, after the corporation paid all of its debts, it distributed to Strawberry the following assets: . . $28 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 $42,000,000 and the fair market value at date of distribution was $140,000,000). How much gain (loss) does U-Pick Fruit Corp. recognize due to these transactions? O $154,000,000 O $112,000,000 O $126,000,000 0 $98,000,000