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Justin and Lauren are equal partners in the PJenn Partnership. The partners formed the partnership seven years ago by contributing cash. Prior to any distributions,

Justin and Lauren are equal partners in the PJenn Partnership. The partners formed the partnership seven years ago by contributing cash. Prior to any distributions, the partners have the following bases in their partnership interests:
Partner Outside Basis
Justin $ 22,000
Lauren 22,000
On December 31 of the current year, the partnership makes a pro-rata operating distribution of:
Partner Distribution
Justin Cash $ 25,000
Lauren Cash 18,000
Property 7,000(FMV)
($2,000 basis to partnership)
What is the amount of Justin's recognized gain or loss?

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