Lisa purchases $1,000-worth of supplies from a local vendor. The supplies are delivered on March 29, of the current year. The supplies are fully used up by year end. Because of unusual circumstances, a bill for the supplies arrives from the vendor on January 10, of the next year, and is promptly paid. When can Lisa deduct the expenses?

I.	In the current tax year, if she is an accrual basis taxpayer.
II.	In the next tax year, if she is a cash basis taxpayer.

	a.	Only statement I is correct.
	b.	Only statement II is correct.
	c.	Both statements are correct.
	d.	Neither statement is correct.