In 2011, Donna's Father Dies and Leaves Her the Family

In 2011, Donna's father dies and leaves her the family farm. The farm has a current use value of $4,000,000 and a best use value of $4,500,000. If the § 2032A election is made, the farm should be included in the father's gross estate at a value of:

A) $1,000,000.
B) $2,980,000 ($4,000,000 - $1,020,000) .
C) $3,480,000 ($4,500,000 - $1,020,000) .
D) $4,000,000.
E) None of the above.