Donna owns a cleaning service.Reed, a customer, receives Donna's bill for October

2018 services of $65 on October 31,2018.Reed pays the $65 on January 4,2019

I.If Donna is a cash-basis taxpayer, she recognizes the income in2019.II.If Donna is an accrual-basis taxpayer, she will recognize the $65 in 2018.III.Donna will recognize the $65 in 2018 regardless of accounting method, because that is when she earned the income.()

A、Only statement I is correct

B、Only statement II is correct

C、Only statement III is correct

D、Statements I and II are correct

E、Statements I and III are correct.