John Budd is the sole stockholder of Ral Corp., an accrual basis taxpayer engaged in wholesaling operations. Ral's retained earnings at January $1,$ Year $1,$ amounted to $$1,000,000.$ For the year ended December $31,$ Year $1,$ Ral's book income, before federal income tax, was $$300,000.$ Included in the computation of this $$300,000$ were the following:

$$1,000$ Dividends received on $500$ shares of stock of a taxable domestic corporation that had $1,000,000$ shares of stock outstanding $($Ral had no portfolio indebtedness$).$

What amount of the net dividend revenue should be included in Ral's Year $1$ taxable income after special deductions?

$$500$

$$200$

$$150$

$$900$