Hal Gore won a $2.2 million prize for special contributions to environmental research. This prize is awarded for public achievement, and Hal directed the awarding organization to transfer $582,500 of the award to the Environmental Protection Agency. How much of the prize should Hal include in his gross income?

• None of the choices are correct because all prizes are excludible.
• $1,617,500.
• $2,200,000.
• None of the choices are correct because prizes from charities are excludible.
• $582,500.