Edward, a cash basis taxpayer, received the following compensation and fringe benefits in 2013: Salary$40,000 Advance on 2014 salary$ 6,000 Disability income protection$ 1,000 Long-term care insurance premiums$ 4,000 The employer made the salary advance so that Edward could pay his son's college tuition that was due in December 2013. The following fringe benefits were provided as part of the employer's cafeteria plan. The wage continuation insurance is available to all employees and pays the employee three-fourths of the regular salary if the employee is sick or disabled. The long-term care insurance is available to all employees and pays $150 per day towards a nursing home or similar facility. What is Edward's gross income from the above?

51,000

50,000

40,000

46,000

none of the above