This Year Ed Celebrated His 25 ^th Year as an Employee

This year Ed celebrated his 25 ^th year as an employee of Designer Jeans Company. In recognition of his long and loyal service, the company awarded Ed a gold watch worth $250 and a $2,000 cash bonus. What amount must Ed include in his gross income?

A) $2,250
B) $2,000
C) $250
D) $0 if Ed offers to contribute his watch and bonus to a qualified charity
E) $0-all employee awards are excluded from gross income