James receives $40,000 worth of Qualco, Inc., common stock from the estate of his late grandmother. He receives a $100 cash dividend six months later. Before the end of the year, James sells the stock for $42,000. Due to these events, how much must James include in his gross income for the year?

a. $0

b. $100

c. $2,000

d. $2,100

e. $42,100