Jon Snow recently received 510 shares of restricted stock from his employer, the North Corporation, when the share price was $7 per share. Jon's restricted shares vested three years later, when the market price was $14. Jon held the shares for a little more than a year after vesting and sold them when the market price was $17. What is the amount of Jon's compensation income if he made an election under an 83(b) when the stock was granted? Assuming a marginal tax rate of 35%, what is the amount of Jon's ordinary income amount and tax liability at the time of the income inclusion?

A. $7,140 gain and $2,499 tax.

B. $7,140 gain and $1,071 tax.

C. $0 gain and $0 tax.

D. $3,570 gain and $1,250 tax.

E. $3,570 gain and $536 tax.