Vishanti Corporation makes a property distribution to its sole shareholder, Dr. Strange. The property distributed is a house (fair market value of $175,000; basis of $135,000) that is subject to a $225,000 mortgage that Dr. Strange assumes. Before considering the consequences of the distribution, Cubes current E & P is $45,000 and its accumulated E & P is $150,000. Vishanti makes no other distributions during the current year. What is Vishantis taxable gain on the distribution of the house?