ohn received $100,000 cash from his company for his good work performance and he also received stock shares worth $200,000 from his father upon his death in 2019. On December 31, 2019, he received cash dividend in the amount of $5,000 from his inherited stock. John came to you to know his INCOME tax consequences from the above events. How would you advise him? (Note: You dont need to calculate tax liability. Simply itemize gross income and exclusions.)