Bashira is a cash$-$basis calendar$-$year taxpayer. During the last week of December she received a letter containing a $$5,000$

check for services rendered. Which of the following is a true statement?

Multiple Choice

Bashira is taxed on the $$5,000$ of service income in the year she cashes the check.

Bashira is taxed on the $$5,000$ of service income in the year the check was mailed.

Bashira is taxed on the $$5,000$ of service income in the year she receives the check.