Ikumi bought a bond on March 1, 2018, for $9,800, excluding $200 of accrued interest (she paid $10,000). The bond paid $800 of interest each December 31. On July 31, 2021, she sold the bond for $9,700, which included $200 of accrued interest. For 2021, if Ikumi is a cash basis taxpayer, she must report: a. $100 loss b. $100 gain c. $300 gain d. $300 loss

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