On January 1, 2021, Bartholomew, a single taxpayer who was age 66 at the time, began receiving monthly retirement benefits from his former employer's pension plan. Bartholomew did not receive any distributions before the annuity start date, and his investment in the plan is $40,000. There is no survivor beneficiary. If Bartholomew receives a monthly benefit of $1,000, what amount will he recover tax-free in 2021