Charla received Preferred Stock as a Nontaxable Common Stock Dividend in 2022 from Marisa Corporation. The value of the Preferred Stock when received by Charla was $20,000 and the value of the Common 5 tock was $30,000. Charla acquired the Common Stock in 2020 for $60,000 and Marisa Corporation's Earnings And Profits (E\&P) was $100,000 on the date of distribution of the Preferred Stock. Six (6) months after the receipt of the Preferred Stock, Charla sold the Preferred Stock to an unrelated third party for $50,000. The Section 306 Taint for this transaction is: $30,000 $20,000 $50,000. $60,000