At December 31, 2011, Alan and Baker were equal partners in a partnership with net assets having a tax basis and fair market value of $100,000. On January 2, 2012, Carr contributed securities with a fair market value of $50,000 (purchased in 2010 at a cost of $35,000) to become an equal partner in the new firm of Alan, Baker, and Carr. The securities were sold on December 15, 2012, for $47,000. How much of the partnership’s capital gain from the sale of these securities should be allocated to Carr?