Mommy Hilton owns a mansion in Florida, which she purchased for $1,600,000 on June 1, 1998. On June 2, 2012, Mommy gifts the house to her daughter, Pairus. Mommy pays $120,000 in gift tax on the transfer based on the mansion's $1,200,000 fair market value on the date of the gift (already net of the $13,000 exclusion). What is Pairus's gain or loss in the mansion if she sells it for $1,320,000 on June 3, 2009?