Mr. Justin, a cash-basis taxpayer, died on January 21 of the current year. His estate received the following income and incurred the following expenses during the year: Gain on sale of asset Dividend income Interest income Administration expenses $10,400 14,000 6,000 2,800 The personal representative filed a statement waiving the right to claim the administration expenses as a deduction for federal estate tax purposes. What is the estate's taxable income for the year? A. $17,200 B. $27,000 C. $16,600 D. $27,600