Brad runs an outdoor decorating business. On November 15,X03, Miles paid Brad $1,300 to put up and take down their outdoor Christmas decorations. 60% of the fee is for putting up the decorations and 40% of the fee is for taking down the decorations. Brad agrees to put up the decorations on November 25. XXO3 and take down the decorations on January 5, XX04. Calculate the amount of income Brad must recognize in XX03 under the cash basis. $0 $520 $1,300 $780