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Beth, who is single, redeems her Series EE bonds. She receives $12,000, consisting of $8,000 principal and $4,000 interest. Beth's qualified educational expenses total $16,500.

Beth, who is single, redeems her Series EE bonds. She receives $12,000, consisting of $8,000 principal and $4,000 interest. Beth's qualified educational expenses total $16,500. Further, Beth's adjusted gross income for the year is $40,000. Determine what, if any, interest income Beth must include in her gross income.

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