In 2016, Gail Judd received dividends from the following: Life Ins. Co., on Gail's life insurance policy (Total dividends received have not yet exceeded accumulated premiums paid.) $100 Safe National Bank, on bank's common stock 300 Roe Mfg. Corp., a Delaware corporation, on preferred stock 500 What amount of dividend income should Gail report in her 2016 income tax return?

a. $300
b. $500
c. $800
d. $900

Ans: c. $800