Enter problem statement, appropriate input type, and other instructions here. Florda Corporation is undergoing a complete liquidation and distributo land to Carol, one of its shareholders in exchange for all of Carols stock. The land has a tax basis of $300,000 and an FMV of $400,000 and is subject to a $ 225,000 fiability Carol assumes the ability on the property Carols basis in her Florida Corporation stock $100,000. What is the amount of gain or loss recognized by Carol on the distrbution? OA 375,000 gain OB. $25,000 loss O No gain or loss OD. $300.000 gain