LO.3 Sylvia was a tenant in a campus apartment. She is a student at State University.

Her lease began on August 1, 2012, and was due to expire on July 31, 2013. However, her landlord sold the building, and the new owner wanted to demolish it to build a retail building. Sylvia’s landlord paid her $2,000 to cancel the lease. Sylvia received the $2,000 on November 30, 2012; moved out; and rented another apartment. How should Sylvia treat the $2,000?