Enter problem statement appropriate input type, and other instructions here. Florida Corporation is undergoing a complete liquidation and distributed and to Carol, one of its shareholders in exchange for all of Carol's work. The land has a tax basis of $300,000 and an FMV of $400,000 and is subject to a $225.000 liability Carol assumes the ability on the property Carol's basis in her Florida Corporation stock is $100,000. What is the amount of gain or los recognized by Carol on the distribution? O A $25.000 OB. $75.000 gan OG $300,000 gain OD. No gain or loss Enter problem statement appropriate input type, and other instructions here. Florida Corporation is undergoing a complete liquidation and distributed and to Carol, one of its shareholders in exchange for all of Carol's work. The land has a tax basis of $300,000 and an FMV of $400,000 and is subject to a $225.000 liability Carol assumes the ability on the property Carol's basis in her Florida Corporation stock is $100,000. What is the amount of gain or los recognized by Carol on the distribution? O A $25.000 OB. $75.000 gan OG $300,000 gain OD. No gain or loss