Mike Received the Following Interest Payments This Year A)$2,650
B)$2,350
C)$2,050
D)$2,300
E)$3,500

Multiple Choice

Mike received the following interest payments this year.What amount must Mike include in his gross income (for federal tax purposes) ? $\begin{array}{ll}\text { Bond }&\text { Interest. }\\\text { General Motors}&\$1,450 \\\text { City of New York}&900 \\\text { State of New Jersey}&1,200 \\\text { U.S. Treasury}&850\end{array}$

A) $2,650
B) $2,350
C) $2,050
D) $2,300
E) $3,500