The Blue Utilities Company paid Sue $2,000 for the right to lay an underground electric cable across her property anytime in the future. Oa. Sue must recognize $2,000 gross income in the current year, and when the cable is installed, she must reduce her cost basis in the land by $2,000. Ob. Sue must recognize $2,000 gross income in the current year regardless of whether the company installed the cable during the year Oc. Sue is not required to recognize gross income from the receipt of the funds. Od. Sue must recognize $2.000 gross income in the current year if the company did not install the cable during the year