Ahab is a lighthouse keeper, which requires him to live on a small island off the coast of Maine. The island has a large home, which is powered by electricity and fully stocked with food. Ahab lives there most of the year with his family. The cost to the government of providing the house is $50,000 a year and the meals is $20,000 a year. The fair rental value to Ahab is $20,000 a year and the meals would cost him $5,000 on shore. The fair rental value to Ahab's family for the house is $10,000 a year and the meals $5,000. How much should be included in gross income? Question 1 options: a) $0. b) $40,000 c) $70,000 d) Only the amount attributable to Ahab's family, which is $15,000