Sheldon receives the Nobel prize in Physics for his brilliant work in developing a nasal vaccine for
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Sheldon receives the Nobel prize in Physics for his brilliant work in developing a nasal vaccine for Covid-19. The award is $1.2 million from the Royal Academy in Stockholm. Sheldon receives $200,000, but directs the Royal Academy to transfer $1 million to a charity that will distribute the vaccine around the world.
How much gross income must Sheldon recognize from the award?
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