Jay owns 100% of Kaye Company.  In 2020, Kaye Company recognizes a long-term capital gain (LTCG) of $100,000.  Kaye Company has no other income or loss.  Assume that Jay (an individual) is in the 37% tax bracket and has no recognized capital gains or losses in 2020. How much tax will Kaye Company owe on the $100,000 LTCG assuming that Kaye is a corporation?

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