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1 Question 24 of 35. Calvin has a rental house that was rented beginning January 1 in the current tax year. On January 1, the
1 Question 24 of 35. Calvin has a rental house that was rented beginning January 1 in the current tax year. On January 1, the tenant paid Calvin a $2,100 security deposit plus $1,050 rent for January and $1,050 rent for the last month, whenever that occurs. The tenant timely paid the $1,050 monthly rent for each of the remaining eleven months. How much rental income will Calvin report for the current year? $12,600 $13,650 $14,700 $15,750 Mark for follow up
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