The President of the United States decided to take a two-week vacation, and flew to his destination using Air Force 1 (a government owned and operated airplane, designed for presidential use). The cost of operating Air Force 1 to the vacation spot was $50,000. First class travel would have cost the President $1,200 while traveling in coach would have only cost $400. How much of the travel cost must the President include as gross income? Question 10 options: a) $0. b) $400. c) $1,200. d) $50,000