Partner A is to receive $100,000 in retirement of her partnership interest. The payments are to be spread over a 10-year period and paid in...

Partner A is to receive $100,000 in retirement of her partnership interest. The payments are to be spread over a 10-year period and paid in installments of $10,000 per year. If A's basis is $12,000 and the payments are considered to be Section 736(b) payments, how much income must A report in Year 1 if an election to apportion gain is made?

A $0

B $2,000

C $8,800

D $10,000