If an individual moves money from a savings deposit account to a money market deposit account,
a. m1 stays the same and m2 stays the same
b. m1 stays the same and m2 increases
c. m1 increases and m2 decreases
d. m1 decreases and m2 stays the same

On september 1, 2016, steve loaned brett $2,000 at 12% interest compounded annually. steve is not in the business of lending money. the note stated that principal and interest would be due on august 31, 2018. in 2018, steve received $2,508.80 ($2,000 principal and $508.80 interest). steve uses the cash method of accounting. what amount must steve include in income on his income tax return?