Jen owns 75 of the 100 outstanding shares of Parent Corporation stock. Parent owns 80 of the 100 outstanding shares of Subsidiary Corporation stock. Jen sells 25 shares of her Parent stock to Subsidiary for $ 20, 000. Jen's basis in her Parent shares is $ 9 ,750 ($ 130 per share). At the end of the year of sale, Subsidiary and Parent have earnings and profits Jen's recognized gain (loss)