Question 4 (1 point) Donna owns a cleaning service. Reed, a customer, receives Donna's bill for October 20X1 services of $65 on October 31, 20X1. Donna receives payment from Reed of the $65 on January 4, 20X2. 1) 2) 3) 4) If Donna is a cash-method taxpayer, she will recognize (report) the $65 income in 20X2. If Donna is a cash-method taxpayer, she will recognize (report) the $65 income in 20X1. If Donna is an accrual-method taxpayer, she will recognize (report) the $65 income in 20X2. Donna will recognize (report) the $65 in 20X1 regardless of accounting method, because that is when she earned the income.