Which of these statements, with respect to making a Section 83(b) election on restricted stock, is CORRECT? I. An employee who receives restricted stock may elect under Section 83(b) to recognize the income immediately rather than wait until the substantial risk of forfeiture expires. II. The Section 83(b) election must be made within one year of receiving the restricted stock. III. If the election is made, the employee immediately includes as long-term capital gain the fair market value of the stock at time of receipt, less any amount paid for the stock. IV. If the employee makes the election and then forfeits the stock, the employee is not allowed a deduction or refund of tax on previously reported income. a. II, III, and IV. b. I and IV. c. I, III, and IV. d. I only