Marge made a $ 6 0 , 0 0 0 inferest free loan to her son, Steve, who used the money to buy an astomobile Stewe's only sources of income were $ 2 5 , 0 0 0 from wages and $ 2 5 0 of inferest on his checking account The relevant Federal interest rate was 5 Based on the above information A Magge must recognize $ 2 5 0 of impuled inferest income on the below market loan B Marge mast recognize $ 1 , 0 0 0 of impuled inferest income on the below market loan C Marge must recognire $ 3 , 0 0 0 of inputed interest ncome on the below market loan 0 Marge is not required to irreute anty interest

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Marge made a $ 6 0 , 0 0 0 inferest free loan to her son, Steve, who used the money to buy an astomobile  Stewe's only sources of income were $ 2 5 , 0 0 0 from wages and $ 2 5 0 of inferest on his checking account  The relevant Federal interest rate was 5     Based on the above information  A Magge must recognize $ 2 5 0 of impuled inferest income on the below market loan B   Marge mast recognize $ 1 , 0 0 0 of impuled inferest income on the below market loan  C   Marge must recognire $ 3 , 0 0 0 of inputed interest ncome on the below market loan  0   Marge is not required to irreute anty interest

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Question: Marge made a $ 6 0 , 0 0 0 inferest free loan to her son, Steve, who used the money to buy an astomobile.

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