In January of the current year, Dora made a gift of stock to her granddaughter. At the time of the gift, the stock was worth $15,000. Several months later in the same year after the gift, a $500 dividend was declared on the stock and paid to Dora's granddaughter. What amount must Dora's granddaughter include in her gross income for the current year?
A. $15,000
B. $2,500
C. $15,500
D. $2,000
E. None of the choices are correct.
Answer: E
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