Ms Poppe, a Single Taxpayer, Made Three Gifts This Year

Ms. Poppe, a single taxpayer, made three gifts this year: $6,300 cash to her niece; $50,000 cash to Yale University; and 5,000 acres of land to her brother. Ms. Poppe's tax basis in the land was $400,000, and its fair market value of date of gift was $615,000. Compute Ms. Poppe's taxable gifts for the year.

A) $387,000
B) $602,000
C) $621,300
D) $639,000