Kim, a single woman, owned a building with a fair market value of $2,000,000. Kim's adjusted basis in the building was $1,000,000. This year, Kim agreed to sell the building to her adult son, Robby for $1,300,000. She made no other gifts to Robby this year. What is the amount of Kims taxable gift?

Group of answer choices $285,000 $685,000 $985,000 $2,000,000