On January 1, 2018. Tim purchased a bond paying interest at 6% for $30,000, its face amount. On March 31, 2018, when the bond had accrued interest of $450, he gave the bond to his daughter, Jane. The bond pays $1,800 interest on January 1 each year. Tim and Jane are cash basis taxpayers, and Jane collects and keeps the interest paid in January of 2019: a. b. C. Tim must report $1,800 interest income for 2018. Jane must report $1,800 interest income for 2019. Jane reports $1,350 of interest income in 2019, and Tim reports $450 of interest income in 2018. Jane reports $1,350 of interest income in 2019, and Tim reports $450 of interest income in 2019. Jane reports $450 of interest income in 2018, and Tim reports $1,350 of interest income in 2019. d. e