M Sold a Family Heirloom to Her Nephew Last Year

Multiple Choice

M sold a family heirloom to her nephew last year for $1,200 plus an $1,800 note payable to M at $100 per month plus interest.The silver place settings had been purchased by M 30 years earlier for $1,600, and were worth $6,000 at the time of the sale/gift.How much gain does M realize?

A) $0
B) $1,400
C) $3,000
D) $4,400