Eleanor Drew holds 200 shares of voting common stock in HIJ Corp. She inherited these shares from her father in 1990. They were included in his estate at a value of $10 per share (value on the date of her father's death). They have since soared in value. Eleanor surrenders the shares to HIJ Corp. In exchange for 100 shares of new nonvoting common stock worth $50,000 and HIJ bonds worth $50,000. On this exchange, Ellen recognizes a gain of how much?
A.$0
B.$48,000
C.$50,000
D.$100,000