The stock of Richmond Corp. is owned 60 percent by Sid and 40 percent by Mark, who are unrelated individuals. During 2018, Sid transferred land (basis of $310843; FMV of $260341) as a contribution to the capital of Richmond Corp. During March 2019, Richmond Corp. adopted a plan of liquidation and subsequently made a non pro-rata distribution of the land to Mark. At the time of the liquidating distribution, the land had a FMV of $222941. What amount of loss can be recognized by Richmond Corp. on the distribution of land to Mark