Adam elects the accrual method of accounting for his business. What amount of deductions does Adam recognize this year for the following transactions? (Leave no answers blank. Enter zero if applicable.) Problem 9-72 Part-c (Algo)

c. Adam was billed $345 for annual personal property taxes on his delivery van. Because this was the first time Adam was billed for these taxes, he did not make payment until January of next year. However, he considers the amounts immaterial.