Floyd, a cash basis taxpayer, sold land in which he had a basis of $10,000, for $100,000 cash. He received $25,000 on January 1 of the year of the sale. On December 31 of the year after the sale he received a payment of $75, 000 plus interest on that amount at 8% per year. How much tax will Floyd pay on the transaction in the first year if the property was a capital asset and his MTR on ordinary income was 10%?

a	$0.
b	$2,205.
c	$2,500.
d	$9,000