In 2019 Bill contributes non-depreciable property with an adjusted basis of $106,000 and a fair market value of $159,000 to the Troy Partnership in exchange for a one-half interest in the profits and capital. In the next tax year, when the property's fair market value is $169,600, the partnership distributes the property to Ya, the other one-half partner. Ya's basis in the partnership interest was $169,600 immediately before the distribution. What is Bill's recognized gain related to the distribution?

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