Ed owns Oak Knoll Apartments. View the additional information. Requirement Which of these amounts must Ed include in gross income during the current year? In addition to the regular rental income from the apartment and health club Ed must include the following in gross income. (If an input field is not used, leave the input field(s) empty; do not select a label or enter a zero.) Additional Information During the year, Fred, a tenant, moved to another state. Fred paid Ed $1,000 to cancel the two-year lease he had signed. Ed subsequently began renting the unit to Wayne in the same year. Wayne paid the first and last months' rents of $800 each and a security deposit of $500. Ed also owns a building that is used as a health club. The club has signed a fifteen-year lease at an annual rental of $17,000. The owner of the club requested that Ed install a swimming pool on the property. Ed declined to do so. The owner of the club finally constructed the pool himself at a cost of $15,000