On December 31, 2016, Yong sells his 10% interest in Catawissa LLC to Mei for $39,800. Yong is a calendar year taxpayer. Catawissa owns no hot assets, and its tax year ends on September 30. On October 1, 2016, Yongs basis in the LLC interest was $23,880. His share of current LLC income is $7,960 for the period in which he owned the LLC interest (October 1 to December 31).

Yong recognizes a $_________ capital gain on the sale.