Question - Betty Brewster received the following interest payments.
• Luggage gift for purchasing a 4-year certificate of deposit (fair-market value): $50
• Interest on passbook savings account: $15
• Interest on certificate of deposit: $200
• Dividends on share account savings in credit union: $150
• Interest on State of Mississippi bonds issued to finance state highway construction: $300
What is the amount of interest income to be included in income?