LaDon sold real property in 2020 for $90,000, using an installment agreement and taking a lien on the property. His adjusted basis at the time of sale was $70,000. The buyer made a $5,000 down payment and signed a mortgage, secured by the property, for the balance. Using the installment method, LaDon reported a gain of $1,111 on his 2020 return. The buyer then failed to make any of the required payments, and LaDon repossessed the property in March 2021. The cost of repossession was $500. What is LaDon's recognized gain on the repossession?

A)$0

B)$3,389

C)$18,389

D)$18,889