Required information [The following information applies to the questions displayed below.) Cecil cashed in a Series EE savings bond with a redemption value of $14,000 and an original cost of $9,800. For each of the following independent scenarios, calculate the amount of interest Cecil will include in his gross income assuming he files as a single taxpayer: (Leave no answer blank. Enter zero if applicable.) b. Assume the same facts in part (a), except Cecil plans to spend $4,200 of the proceeds to pay his son's tuition at State University, and Cecil estimates his modified adjusted gross income at $60,600. Amount of interest to be included in gross income $ 2,940|