John worked for ABC corp. and earned a salary of $100,000. John also received, as a fringe benefit, group-term life insurance at twice his salary. Assume the annual IRS established uniform cost of insurance is 2.75 per $1,000. What amount must John report in his gross income?

A 100,000

B 100,138

C 100,276

D 100,414

E 100,552