Jennifer owns two blocks of stock in the Field Corporation. She acquired the first block of 200 shares on January 10, 2020 for $20,000. She acquired the second block of 50 shares on July 7, 2022 for $12,500. Together, Jennifer's two blocks of stock represent 10 percent of the outstanding shares of Field Corporation. Pursuant to Field's plan of complete liquidation, Jennifer received a distribution of $50,000 on December 1, 2023 and her shares were canceled. On that date, Field had undistributed earnings and profits of $650,000. What will Jennifer recognize as a result of the distribution?