This Year Don and His Son Purchased Real Estate for an Investment.The

This year Don and his son purchased real estate for an investment.The price of the property was $500,000,and the title named Don and his son as joint tenants with the right of survivorship.Don provided $320,000 of the purchase price and his son provided the remaining $180,000.Has Don made a taxable gift and,if so,in what amount?

A) Don has made a taxable gift of $236,000.
B) Don has made a taxable gift of $70,000.
C) Don has made a taxable gift of $22,000.
D) Don has made a taxable gift of $56,000.
E) None of the choices are correct-Don did not make a taxable gift.