Alan, age $65,$ purchased an annuity last year for $$100,000$ that pays him $$1,000$ per month for the remainder of his life. As such, Alan received $$12,000$ in the current year. What is Alan's gross income for the current year, relating to the annuity?

Group of answer choices

$$12,000$

More than $$12,000$

less than $$12,000$

None of the other answers is correct.Alan, age $65,$ purchased an annuity last year for $$100,000$ that pays him $$1,000$ per month for the remainder of his life. As such, Alan received $$12,000$ in the current year. What is Alan's gross income for the current year, relating to the annuity?

Group of answer choices

$$12,000$

More than $$12,000$

less than $$12,000$

None of the other answers is correct.