Stan rented an office building to Clay for $3,000 per month. On December
29, 2018, Stan recei\•ed a deposit of $4,000 in addition to the first and last months' rent.
Occupancy began on January 2, 2019. On July 15, 2019, Clay closed his business and
filed for bankruptcy. Stan had collected rent for February, March, and April on the first
of each month. Stan had received May rent on May 10, but collected no payments afterwards.
Scan withheld $800 from the deposit because of damage co the property and
$1,500 for unpaid rent. He refunded the balance of the deposit to Clay. What amount
would Stan report as gross income for 2018? for 2019?