Big Homes Corporation is an accrual-method calendar-year taxpayer that manufactures and sells modular homes. This year, for the first time Big Homes was forced to offer a rebate on the purchase of new homes. At year-end, Big Homes had paid $13,300 in rebates and was liable for an additional $8,150 in rebates to buyers. What amount of the rebates, if any, can Big Homes deduct this year? Multiple Choice $13.300 because the $8,150 liability is not fixed and determinable. $13.300 because rebates are payment abilities $21.450 Homes is an accrual method taxpayer. Big Homes is not entitled to a deduction because rebates are against public policy $21.450 if this amount is not material, Big Homes expects to continue the practice of offering rebates in future years, and Big Homes expects to pay the accrued rebates before ing its tax return for this year