Rhynie Corporation distributes a building used in its business to Shaniqua in exchange for all of her Rhynie stock. Shaniqua's basis in her stock is $15,000 and the property she receives has a $90,000 FMV. As part of the distribution, Shaniqua assumes a liability associated with the property of $65,000. The property's basis prior to the liquidating distribution was $25,000. What are the tax consequences of the distribution to Shaniqua? To Rhynie Corporation?