Kango Corporation owns 180 shares of Shanda Corporation. Kafue, an individual shareholder, owns the remaining 20 shares of Shanda Corporation. In 2018, Kango Corporation decided to liquidate Shanda Corporation by distributing the assets to Kango Corporation and to Kafue. The tax basis of Kango Corporation is $20,000, and the tax basis of Kafue's shares is $14,000. Shanda Corporation reported the following balance sheet at the date of liquidation: