Indicate whether the following statements are "True" or "False" regarding the exclusion treatment of interest, dividends, savings bonds and qualified tuition.

a.	Dividends to shareholders are taxable only to the extent the payments are made from either the corporations current earnings and profits or its accumulated earnings and profits.
b.	The interest on Series EE U.S. government savings bonds may be excluded from gross income if the bond proceeds are used to pay qualified higher education expenses if the savings bonds are issued after December 31, 1989 and issued to an individual who is at least 24 years old at the time of issuance.
c.	When a corporation issues a simple stock dividend (e.g., common stock issued to common shareholders), the shareholder realizes income.
d.	Interest income on state and local government bonds as well as the gain on the sale of such bonds is specifically exempted from Federal income taxation.
e.	Under a qualified tuition program ( 529 plan), the earnings of the contributed funds are not included in Federal gross income provided the contributions and earnings are used for qualified higher education expenses.