$53,000 worth of home repair work that was exchanged for tax work by Bruno. Bruno and Diana are trying to calculate their gross income. Which of the following items should they exclude from their gross income? 1. $15,000 gift from Diana’s mother for the down payment of their new house.2. $20,000 borrowed by Bruno and Diana from First City Bank.3. $12,000 increase in value of Delta stock, which they own in their brokerage account.4. $53,000 worth of home repair work that was exchanged for tax work by Bruno. a. 1 and 2.b. 3 and 4.c. 1, 2, and 3.d. 1, 2, and 4.