Sam died on January 15, 2012 and left his wife, Terry, an insurance policy with a face value of $100,000. Terry elected to receive the proceeds over a 10-year period ($10,000 plus interest each year). This year Terry receives $11,500 ($10,000 proceeds plus $1,500 interest) from the insurance company. How much income must Terry report from this payment? Oa. $500 Ob. 50 Oc. $11,500 Od. $1,500 Oe. None of these choices are correct