Susan Kim contributed a piece of land to Sycamore Company for a 15 percent stake in the firm 10 years ago. Her tax basis in the land was $200,000. When the land was transferred to Sycamore, its fair market value was $350,000. About two years later, Sycamore sold the land to an unrelated person for $490,000. How much gain should Sycamore Company recognize on this transaction?