Jade is the sole shareholder of Stone Corp. Her basis is $150,000. On June 15, 2018, Jade receives the following in complete liquidation: Cash $ 60,000 Operating assets $ 60,000 Contingent claim, no readily ascertainable value $ 60,000 On March 1, 2019, Jade collected $50,000 on the contingent claim.

What date/dates does Jade have a taxable event?

What is the taxable event?

How much is taxable to Jade?