Liam, a shareholder in Lager, Inc., (a C corporation), would like to sell 800 of his shares of stock in Lager. Since Lager is not traded on an exchange, the only way to sell is the stock is by having Lager redeem the stock. The fair market value of the 800 shares of stock is $200,000. Liam purchased the stock 10 years ago for $95/share. Lager has E&P of $700,000. The corporate stock in Lager is held as follows: Liam 2,000 shares Jennifer (Liams sister) 2,000 shares Katherine (Liams mother) 2,000 shares Beer Partnerships (Liam has a 30% interest) 4,000 shares 10,000 shares

if this transaction is treated as a qualified stock redemption, how much tax would Liam owe?