Marigold Corporation owned 16000 shares of Cullumber Corporation. These shares were purchased in 2017 for $ 134000. On November 15, 2021, Marigold declared a property dividend of one share of Cullumber for every ten shares of Marigold held by a stockholder. On that date, when the market price of Cullumber was $ 27 per share, there were 134000 shares of Marigold outstanding. What gain and net reduction in retained earnings would result from this property dividend