The following pertain to Joyce in 2017:
Medical insurance premiums paid by employer .......................................    $4,800
Teacher of the Year Award, in the form of gift cards redeemable at
local businesses .............................................................................................         500
Jewelry box, received from employer for 25 years of service (FMV) .......         100
2016 holiday bonus awarded in December 2017, to be paid in
January 2018 ...................................................................................................        250
What total amount from the above may be excluded from Joyce’s 2017 gross income?
a. $5,650
b. $350
c. $5,150
d. $850