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: Land - cost, $250,000; fair market value as of the date of the gift, $200,000.
Securities - cost, $800,000; fair market value as of the date of the gift, $900,000.
The amount to be recorded as additions for gifts by the private-purpose trust fund would be:

A) $1,000,000
B) $1,100,000
C) $1,150,000
D) $1,170,000