Richard, a Cash Basis Taxpayer, Is an 80% Owner and President

Multiple Choice

Richard, a cash basis taxpayer, is an 80% owner and president of WLFI TV. WLFI TV is an S corporation and uses the accrual method of accounting. On December 1, 2018, WLFI TV accrues a bonus of $50,000 to Richard. The bonus is payable on January 31, 2019. In what year does Richard report the income and WLFI TV take the deduction?
Richard WLFI TV

A) 2019 2018
B) 2019 2019
C) 2018 2018
D) 2018 2019