Kevin purchases 1,000 shares of Bluebird Corporation stock on October 3, 2020, for $265,000. On December 12, 2020, Kevin purchases an additional 750 shares of Bluebird stock for $185,500. According to market quotations, Bluebird stock is selling for $265 per share on 12/31/20. Kevin sells 500 shares of Bluebird stock on March 1, 2021, for $148,400.

What is Kevin's recognized gain or loss from the sale of Bluebird stock on March 1, 2021, assuming the shares sold are from the shares purchased on December 12, 2020? In your computations, round the per share amount to the nearest whole dollar and use the rounded amount in subsequent computations.

Kevin's recognized gain is $__________.