Select the best answer. Jerry begins working for his new employer on March 2, 2017. After several months, Jerry resigns from his current position and is notified that his accrued benefits in the qualified plan are $5,200, of which $1,200 is attributable to his current employment and $4,000 is attributable to his rollover of benefits from his prior employer's qualified plan. Which of the following statements is true for Jerry's current employer with respect to the cash-out rules, if Jerry does not state otherwise? The automatic IRA rollover rules apply because the accrued benefits from the current employer exceed $1,000 but do not exceed $5,000. O A. The automatic IRA rollover rules apply because the rollover-accrued benefits exceed $1,000 O B. bt do not exceed $5,000 o c. The cash ules may apply because the accrued benefts from the current employer do not O D. The cash-out rules do not apply because the accrued benefits exceed $5,000. exceed $1,500