On September 2, 2019, Courtney sold a tract of land in McCook County to a farmer who owned the adjoining property. The land was inherited from her uncle who died in 1999 and was valued at $30,000 on June 6, 1999. Under the terms of the sale, Courtney received cash of $20,000 and a note receivable to be paid in four equal installments at 1-year intervals from the date of sale. Each note calls for the payment of $25,000 plus a simple interest of 8%. To the extent allowed by law, Courtney wants to defer recognition of gain for as long as possible. What is the selling price? What assumption can be made about this problem and what would it look like on the 2019 tax form.