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45 On April 1, Sally is given $20,000 worth of City of Boise bonds for her 18th birthday. Online 46 December 31 Sally receives the

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45 On April 1, Sally is given $20,000 worth of City of Boise bonds for her 18th birthday. Online 46 December 31 Sally receives the $800 annual interest payment on the bonds. How much income 47 should Sally recognize due to these two events? Please explain your answer. 48 6 a $0 b S 800 C $ 600 d $ 20,000 e $ 20,800

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