Can you help with this?

Assume that at the end of 2021, Clampett, Incorporated (an S corporation) distributes property (fair market value of $70,000, basis of $15,000) to each of its four equal shareholders (aggregate distribution of $280,000). At the time of the distribution, Clampett, Incorporated, has no corporate earnings and profits and J.D. has a basis of $54,000 in his Clampett, Incorporated, stock. How much total income does J.D. recognize as a result of the distribution