Kevin inherits $175175$ shares of AmberAmber Corporation stock from his father. The stock cost his father $ $11$ comma $000$$$11,000$ and had a $ $9$ comma $000$$$9,000$ FMV on the date of his$$ father's death in $20232023.$ The alternate valuation date was not elected. If KevinKevin sells the AmberAmber Corporation stock for $ $11$ comma $400$$$11,400,$ what would be his taxable gain on the$$ sale?$($Taxable gain$=$ Proceeds of sale$-$ Tax basis of stock$$ sold$)$

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Part $1$

Kevin's taxable gain on the sale of Amber stock $=$