Uncle Benny is a miser and has been cheap as hell all his life. He is a workaholic who has saved all his life and spent very little. After hearing the song It Never Rains in Southern California, he purchased a condominium in Malibu and decided to live there full time and even relax a little. His 19-year-old niece, Carlotta, asked him what he is going to do with his old car now that he is moving west. Uncle Benny owns a vintage 1964 midnight blue Camaro that he only drove on weekends. After spending a relaxing day at the Coney Island subway station in Brooklyn watching the D, F, N, and Q trains roll by, Uncle Benny has a rare moment of altruism and tells Carlotta she can have the car as long as she takes good care of it. Uncle Benny originally paid $3,500 for the car and is appraised to be worth $83,000 today. Assuming Uncle Benny gives the keys and title to Carlotta, how much does Uncle Benny report as a taxable gift?

a: $16,000

b: $83,000

c: $67,000

d: some other amount (your answer:_________________)