20- The following prizes and awards were recieved by a pretty lucky guy during the year:

- an iPad from the Detroit Lions with a fair market value of $500

- lottery winnings of $1,000 received in cash

- a plaque worth $25 plus $100 of Godiva chocolate in recognition for 100 days on the job without an accident

- a $10,000 cash prize from American Idol

How much of his prizes and awards should be report on that individual's tax return?

a.$11,600; the plaque may be excluded b.$11,000; only cash prizes and awards are included c.None. They are all excluded from income d.$11,625; everything is included at the highest amount e.$11,500; the award from his job is excluded