Christen Carlson purchased a $$50,000$ life insurance policy in $20$x$5.$ Between the purchase date and January $23,20$x$7,$ Christen paid total premiums of $$12,000.$ During the same period, Christen received $$2,100$ of policy dividends. Christen also purchased common stock in the corporation that issued the policy and during the same period Christen received $$900$ of taxable dividends on the stock. On January $23,20$x$7,$ Christen sold the policy to Blake Beloe for $$11,000.$ Blake made premium payments on the policy in the total amount of $$7,000$ until June $21,20$x$11,$ on which date Christen died. Blake Beloe received the life insurance proceeds of $$50,000$ a few weeks after Christin's death. How much gross income, if any, must Blake report on his $20$x$11$ Form $1040?$

A$.39,000$

B$.0$

C$.43,000$

D$.32,000$

C$.$ None of the above