Fatima pays $$122,000$ cash for Brittany's one$-$third interest in the Westlake Partnership. Just prior to the sale, Brittany's basis in Westlake is $$102,100.$ Westlake reports the following balance sheet:

$$Tax BasisFMVAssets$$Cash$ $102,100$$ $102,100$Land$204,200263,900$Totals$ $306,300$$ $366,000$Liabilities and capital$$Capital$$Amy$ $102,100$Capital$$Brittany$ $102,100$Capital$$Ben$ $102,100$Totals$ $306,300$

Note: Leave no answer blank. Enter zero if applicable.

Problem $10-55$ Part d $($Algo$)$

d$.$ How much gain or loss would Fatima recognize if the land were sold for $$263,900?$