Zboy Corp is liquidating. Upon liquidation, it will distribute the assets to its two shareholders, Lee (40% shareholder) and Kelly (60% shareholder). The assets have a FMV of $500,000 and an adjusted tax basis of $275,000. Lee's basis in Zboy stock is $50,000 and Kelly's basis is $75,000. Assume the corporate tax rate is 21% and that the shareholder's long-term capital gains will be taxed at 23.8% (the 20% maximum capital gains rate plus the 3.8% rate on net investment income). Calculate the tax that Zboy Corp will pay upon liquidation, and what Lee and Kelly will pay. What tax will Zboy pay upon liquidation? What tax will Lee pay upon liquidation? What tax will Kelly pay upon liquidation?