Wilma has a $25,000 certificate of deposit (cd) at the local bank. the interest on this certificate, $1,000, was credited to her account this year but she must pay an early withdrawal penalty if she cashes in the cd before next year. which of the following is a true statement?
a. wilma must include the $1,000 of interest in her income this year.
b. wilma must include the $1,000 of interest in her income when she cashes the cd.
c. wilma must include the $1,000 of interest in her income this year only if the bank waives the early withdrawal penalty.
d. wilma must include the $1,000 of interest in her income next year if she does not pay the early withdrawal penalty.
e. all of these