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Use the imputed interest on below market loan rules to determine whether the lender must report interest on the following loans. Please circle the correct

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Use the imputed interest on below market loan rules to determine whether the lender must report interest on the following loans. Please circle the correct answer. (a) Mother makes a $90,000 interest-free loan to son for one year. Son has $5,000 net investment income. The federal rate is 6%. No Interest InterestLimitedtotheAmountofBorrowersNetInvestmentIncomeInterestatFederalRate (b) Father makes a $175,000 interest-free loan to son for one year. Son has zero net investment income. The federal rate is 6%. (c) Employer makes a $9,000 interest-free loan to employee for one year. Employee has $30,000 net investment income. The federal rate is 6%

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