Kevan, Jerry, and Dave formed Albee LLC$.$ Jerry and Dave each contributed $$245,000$ in cash. Kevan contributed the following assets:

Basis Fair Market Value

Kevan:

Cash $ $15,000$ $ $15,000$

Land$*120,000440,000$

Totals $ $135,000$ $ $455,000$

$*$Nonrecourse liability secured by the land equals $$210,000.$

Each member received a one$-$third capital and profits interest in the LLC$.$

Note: Leave no answer blank. Enter zero if applicable. Round to the nearest whole thousand.

f$.$ If the lender holding the nonrecourse liability secured by Kevan's land required Kevan to guarantee $1/3$ of the liability and Jerry to guarantee the remaining $2/3$ of the liability when Albee LLC was formed, how much gain or loss will Kevan recognize?