Shauna and Danielle decided to liquidate their jointly owned corporation, Woodward Fashions, Inc. (WFI). After liquidating its remaining inventory and paying off its remaining liabilities, WFI had the following tax accounting balance sheet Adjusted Basis Appreciation EMV Cash $ 200,000 $200,000 Building 50,000 10,000 40.000 Land 150.000 85.000 65.000 Total $ 400.000 S 295.000 $ 105,000 Under the terms of the agreement, Shauna will receive the $200,000 cash in exchange for her 50 percent interest in WFL Shauna's tax basis in her WFI stock is $45,000. Danielle will receive the building and land in exchange for her 50 percent interest in WFL Danielle's tax basis in her WFI stock is $105,000. Assume for purposes of this problem that the cash available to distribute to the shareholders has been reduced by any tax paid by the corporation on gain recognized as a result of the liquidation What amount of gain or loss does WFl recognize in the complete liquidation