Arthur, Age 19, Is a Full-Time Student at Gordon College

Multiple Choice

Arthur, age 19, is a full-time student at Gordon College and is a candidate for a bachelor's degree. During 2019, he received the following amounts: $$\begin{array} { l r } \text { Tuition scholarship } & \$ 2,400 \\\text { Loan from college financial aid office } & \$ 1,000 \\\text { Cash support from parents } & \$ 2,000 \\\text { Ordinary cash dividend } & \$ 200 \\\text { Cash prize awarded in contest } & \$ 300\end{array}$$ What is his adjusted gross income for 2019?

A) $300
B) $500
C) $2,300
D) $2,500
E) None of these