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7'0. [LC]I 5] Matt hired Apex Services to repair Matt's business equipment. On November 1, of year 0, Matt paid $2,000 for the repairs that

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7'0. [LC]I 5] Matt hired Apex Services to repair Matt's business equipment. On November 1, of year 0, Matt paid $2,000 for the repairs that he expects to begin in early March of year 1. a. What amount of the cost of the repairs can Matt deduct in year 0 if he uses the cash method of accounting for his business? b. What amount of the cost of the repairs can Matt deduct in year 0 if he uses the accrual medlod of accounting for his business? c. What amount of the cost of the repairs can Matt deduct in year 0 if he uses the accrual med-nod and he expects the repairs to be done by early February

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