Doug and Pattie Received the Following Interest Income in the Current

question 24

Multiple Choice

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.

---

Definitions:

Context Effects

The influence of environmental factors on one's perception, cognition, or behavior in a given situation.

Sensory Adaptation

The method through which sensory detectors decrease in sensitivity towards unvarying or steady stimuli over a period.

Subliminal Sensation

A perceptual experience that occurs below the threshold of conscious awareness.

Context Effects

Refers to how the context or environment in which information is presented affects an individual's perception or understanding of that information.