James McHughes Gave the Following to the City of Carnesville

James McHughes gave the following to the City of Carnesville in order to establish a private-purpose trust:
O Land - cost,$500,000; fair market value as of the date of the gift,$400,000.
O Securities - cost,$1,600,000; fair market value as of the date of the gift,$1,800,000.
The amount to be recorded as additions for gifts by the private-purpose trust fund would be:

A) $2,000,000.
B) $2,100,000.
C) $2,200,000.
D) $2,300,000.