Kigelman Corporation, the parent corporation, has a basis of $600,000 in the stock of Brown Corporation, a subsidiary in which it owns 90% of all classes of stock. Kigelman purchased the stock in Brown Corporation 10 years ago. In the current year, Kigelman Corporation liquidates Brown Corporation and acquires assets worth $800,000 and with a tax basis to Brown Corporation of $950,000. What basis will Kigelman Corporation have in the assets acquired from Brown Corporation? Please justify your answer.