(LO2) In which of the following situations is income taxable to Belinda in Year 1? Belinda owns an architectural firm and reports on the cash basis.

I. Belinda received \(\( \$ \) 6,000\) from a client on December 28 , Year 1.

She deposited the check on December 29, but it was returned on December 30, Year 1 because the client's bank account did not have sufficient funds.

II. Belinda was offered \(\( \$ \) 5,000\) from a client on December 31 , Year 1, but she refused to accept the payment and asked the client to mail the check to her the next week.III. Belinda received a \(\( \$ \) 4,000\) check from a client on December 29, Year 1 but did not deposit it in her checking accounting until January 4, Year 2.a. I onlyc. II and III onlyb. II onlyd. I, II, and III