Jay owns 100% of Kaye Company. In 2018, Kaye Company recognizes a long-term capital gain (LTCG) of $100,000. Kaye Company has no other income or loss. Assume that Jay, an individual, has $100,000 of taxable income (excluding any income associated with Kaye Company); therefore his marginal rate of taxation is 24%. Jay has no recognized capital gains or losses in 2018. How much tax will Kaye Company owe on the $100,000 LTCG assuming that Kaye is a corporation?