On January 2, 2012, Douglas and Jane created DJ Corporation. Douglas contributed to DJ Corporation assets worth $100,000 that had an adjusted basis to Douglas of $14,000. The contributed assets were subject to a liability of $16,000. In exchange for his contribution to DJ Corporation, Douglas received 80 percent of the shares of DJ Corporation. DJ Corporation filed a timely and proper S election effective as of January 2, 2012. Douglas also guaranteed a corporate loan made by The Bank in the amount of $6,000. What is Douglas' adjusted basis in the stock he received from DJ Corporation?