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Yuko redeemed Series EE bonds, receiving $10,000 of principal and $3,000 of interest. Yuko uses the proceeds to pay $11,000 of qualified higher education costs

Yuko redeemed Series EE bonds, receiving $10,000 of principal and $3,000 of interest. Yuko uses the proceeds to pay $11,000 of qualified higher education costs for her son to attend college. How much of the interest income is taxable?

a.
$0

b.
$462

c.
$2,538

d.
$3,000

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