In July $2020,$ the year of Ralph$$s death, Ralph$$s executor properly elects $6166$ and has a taxable estate equal to $$12,800,000.$ At the time of Ralph's death, his only asset is a closely held business interest. If the long$-$term annual AFR is $3\%,$ how much is the first annual interest payment? $($Assume no previous taxable gifts.$)$

Question $7$ options:

A$)$

$$0.$

B$)$

$$9,760.$

C$)$

$$14,640.$

D$)$

$$18,600.$