TB MC Qu$.05-77($Algo$)$ Hal Gore won a$...$

Hal Gore won a $$1\mathrm{.}85$ million prize for special contributions to environmental research. This prize is awarded for

public achievement, and Hal directed the awarding organization to transfer $$485,000$ of the award to the

Environmental Protection Agency. How much of the prize should Hal include in his gross income?

Multiple Choice

$$485,000$

$$1,365,000$

$$1,850,000$