Doug and Pattie received the following interest income in the current year: 
Greenbacks Bank also gave Doug and Pattie a cellular phone (worth $100) for opening the savings account.What amount of interest income should they report on their joint income tax return?
A) $4,775.
B) $4,675.
C) $4,575.
D) $4,300.
E) None of the above.
Correct Answer:
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