Meg was the beneficiary of a $50,000 life insurance policy when her father died at the end of 2014. The insurance company gives her the option of taking the $50,000 as a lump sum immediately or receiving an annuity of $8,000 per year for 12 years beginning in 2015. Meg takes the annuity option. What amount must Meg include in her income in 2015? Question 7 options: 1) $8,000 2) $3,000 3) $3,833 4) $0