In the current tax year, Amin decided to participate in the Cash for Clunkers program and surrendered his business vehicle. He purchased the vehicle in 2017 for $18,500. In return for surrendering his vehicle, Amin received a rebate voucher for $8,500. The basis of the vehicle at the time of surrender was $5,500. Amin used the rebate toward the purchase of a replacement business vehicle that cost $28,000. How will the rebate be reported on Amin's tax return? a) Amin will realize a gain of $2,000 on his federal and California tax return. b) Amin will realize a gain of $2,000 on his California tax return only. c) Amin may defer the rebate gain by using the like-kind exchange rules since he used the rebate to purchase a replacement business vehicle. The transaction must be reported on Form 3840. d) Amin will not report the gain from the rebate since the original cost of the vehicle was more than the rebate. The transaction is considered a charitable donation; therefore, must be deducted on Form 8283