Carlos, the sole shareholder in Sunshine Inc, a C corporation, has a tax basis of $60000. Sunshine Inc has $40000 of accumulated earnings and profits at the beginning of the year and $10000 of current earnings and profits for the current year. At year end, Sunshine distributed land with and adjusted basis of $30000 and a fair market value of $38000 to Carlos. The land has an outstanding mortgage of $3000 that Carlos must assume.

What is the amount of Carlos's distribution form Sunshine?