Roger signed for a ten year lease to rent office space from Doug In the first year, Roger paid Doug $ 5 , 000 $ 5 , 000 for the first year 's rent and $ 5 , 000 $ 5 , 000 as rent for the last year of the lease How much must Doug include in income in the first year of the lease a $ 0 $ 0 b $ 5 , 000...

The correct answer is c 5500 Explanation When Roger paid 5000 for the first years rent and 5000 for ...

Roger signed for a ten-year lease to rent office space from Doug. In the first year, Roger

Question:

Roger signed for a ten-year lease to rent office space from Doug. In the first year, Roger paid Doug $$ 5, 000$ for the first year's rent and $$ 5, 000$ as rent for the last year of the lease. How much must Doug include in income in the first year of the lease?