Breslin Incorporated made a capital contribution of investment property to its $100-$percent$-$owned subsidiary, Crisler Company. The investment property had a fair market value of $$3,480,000$ and a tax basis to Breslin of $$3,020,000.$What gain or loss, if any, would Crisler recognize if it received a contribution to capital of the property from the local city government? What basis would it take in the property?