Tom recently received 1,000 shares of restricted stock from his employer, Nicks Corporation, when the share price was $8 per share. Tom's restricted shares vested three years later when the market price was $11. Tom held the shares for a little more than a year and sold them when the market price was $16. Assuming Tom made a section 83(b) election, what is the amount of Tom's ordinary income with respect to the restricted stock?

		$8,000.
		$11,000.
		$5,000.
		$0.