This year Ernie celebrated the ${25}^{th}$ year as an employee of Designer Jeans Company. In recognition of Ernie's long and

loyal service, the company awarded Ernie a gold watch worth $$392$ and $$ $$2,300$ cash bonus. What amount must

Ernie include in gross income?

Multiple Choice

$$2,692$

$$2,300$

Sim

$$392$

$$0$ if Ed offers to contribute his watch and bonus to a qualified charity