Which of the following statements are true? (There are multiple correct answers)

1.Special interest dealings do occur in the creation of federal tax law.

2.Under the accrual method of accounting for taxes, income is recognized in the year it is actually received in cash or cash equivalent.

3.Revenue Rulings are accumulated in the Cumulative Bulletins.

4.One of the objectives of the federal tax law is to achieve equity across taxpayers.

5.Under the accrual method of accounting for taxes, interest income is recognized in the year it is received.