Bart Berman is an accrual basis taxpayer who provides marketing consulting services. His biggest client pays him $200,000 on July 1, 2015, for a two-year contract.

a. Bart includes $200,000 in income in 2015

b. Bart may include $50,000 in income for 2015. $100,000 for 2016, and $50,000 in 2017

c. Bart may include $50,000 in income in 2015, and $150,000 in 2016

d. Bart includes $200,000 in income in 2016.