Fred Farley spends considerable time each year pursuing his electric train hobby $--$ occasionally attending train shows throughout the eastern half of $$ the United States. At $$ shows $,$Fred often buys and sells train cars and accessories. During $205,$ Fred recorded gross sales of $$ $ $1,700$ at $$ these events and incurred ordinary and necessary expenses of $$ $ $2,000.$ On $$ his Form $20$ x $51040,$ Fred should report $...$

A Gross revenue of $$ $ $1,700,$ but can deduct $ $2,000"$ for AGI."

B $$ Gross revenue of $$ $ $1,700,$ but can deduct $ $2,000"$ from AGI."

C $$ Gross revenue of $$ $ $1,700,$ but can deduct no $$ expenditure amount

D $$ Gross revenue of $$ zero and no $$ deduction anywhere

E $$ None of $$ the above