Donna Kidd is a world-famous author of children's books. She does readings and book signing across the country, with most sold out well in advance of a new publication. Write Kidds, Inc., a calendar-year S-corporation owned by Donna and her husband Daniel Kidd, recently sold tickets ($100,000) for Donna's scheduled appearances for the current year and next tax year. For financial statement purposes, Write Kidds, Inc. will recognize the income from the ticket sales when the readings/signings take place. For tax purposes, it uses the accrual method and would prefer to defer the income from the ticket sales until Donna reads/signs. This is the first time Write Kidds, Inc. has sold tickets one or two years in advance. Can the income be deferred until the readings/signings are scheduled to take place?