Question 14 0/3 points Ben Corporation expects that individual income tax rates will decrease next year. The employees are cash basis taxpayers. At the present time the company pays employees on the last day of each month for that month. The company is considering changing its policy so that the December salaries will be paid on the first day of the fallowing yea What would be the effect on an employee of the proposed change in company policy if the company pays the December 2019 salaries in January of the next year? The employee would be required to recognize the income in December 2019 because it is constructively received at the end of the month The employee would be required to recognize the income in December 2019 because the employee has a claim of right to the income when it is earned The employee will not be required to recognize the income until it is received, in 2020 The employee can elect to ether include the pay in either year